First-time homebuyers

Your first purchase, planned out

Buying your first home comes with a lot of new terms and steps. We explain each one before it happens, so there are no surprises at the closing table.

Programs first-time buyers use most

• FHA loans: flexible credit guidelines and a low down payment option.
• Conventional loans: low down payment programs for qualified first-time buyers, with mortgage insurance that can be removed later.
• USDA loans: for eligible homes in rural and small-town areas.
• VA loans: for eligible veterans and service members.

Down payment assistance

State housing agencies in Ohio and Florida, and some local programs, offer down payment and closing cost help to eligible buyers. Availability and rules change, so ask us what you qualify for today.

Gift funds

Most programs allow gifts from family toward your down payment. We will give you the gift letter and explain how to document the transfer.

Read the first-time buyer checklist.