Buying a home for the first time can be overwhelming. As a first-time home buyer, there are so many decisions to make along the way, from your buyer’s agent, to your loan officer, to your loan program. But-buying a home doesn’t have to be stressful! Making sure you are prepared will put you miles ahead…
Posts Tagged: First Time Home Buyer Programs
When you are buying your first home, there are many areas of lending and the home buying process that you will want to be informed about. Educating yourself is the first step to knowing that you are getting the best deal. 1. Down Payment Assistance Programs – MHDC, Chenoa, City Grants, etc. a. These…
Have you recently decided that the time is right to buy your first home? With Spring weather upon us, the market is starting to become active and many great homes are beginning to be listed for sale. The process of buying your first home can be a very exciting time. It’s truly a fresh start in a…
There are many different loan options for first time home buyers and USA Mortgage continues to find the right programs and opportunities for their clients. Below are some of the many options available: 1. MHDC Gift Money: MHDC (Missouri Housing Development Commission) offers up to 4.5% gift money towards down-payment and closing cost for qualified…
MHDC which is also known as, Missouri Housing Development Commission, is a first-time home buyer program, which is offered by the states. MHDC is a form of the FHA loan which does allow down-payment assistance. When considering a new home you should go by these guidelines: MHDC will allow borrowers to use 3% down-payment assistance…
