THE COMPLETE FIRST TIME HOMEBUYERS' CHECKLIST
Your Roadmap to Homeownership
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​DEBUNKING THE MYTHS AND ACTION STEPS:
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MYTH: I CAN’T AFFORD TO BUY A HOME.
Reality: Many first-time buyers qualify for loans they ​might not be aware of. Check eligibility for FHA loans and ​other government-backed programs.
Action Step: Research various financing options such as ​FHA, VA, and USDA loans. Contact us to get more detailed information about qualifications and requirements.
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MYTH: I NEED A 20% DOWN PAYMENT.
Reality: There are numerous programs that require lower ​down payments – some as low as zero down payment.
Action Step: Look into down payment assistance ​programs and grants.
Speak with a mortgage advisor about your options.
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MYTH: I DON'T KNOW WHERE TO START.
Reality: Starting can be as simple as contacting a local ​housing counselor or exploring online resources.
Action Step: Schedule a meeting with a housing counselor.
Visit our services page to schedule a call and get support near you.
MORE ACTION STEPS TO UNDERSTAND THE PROCESS
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GOVERNMENT VS. CONVENTIONAL BANKING:
Explanation: Understand the differences and benefits of ​government loans versus traditional bank loans.
Action Step: Compare loan terms, interest rates, and ​benefits between government and conventional loans. ​Use our online tools or consult a mortgage advisor.
UNDERSTANDING ASSISTANCE PROGRAMS:
Explanation: Assistance programs can provide significant ​help with down payments and closing costs.
Action Step: Investigate local, state, and federal ​assistance programs.
Check eligibility criteria and application deadlines.
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TERMS OF USE - CONDITIONS AND LIMITATIONS:
Explanation: Knowing the terms of your mortgage can ​save you money and trouble in the long run. Check our Terms of Use page to get started, we are here to assist.
Action Step: Get pre-approved for a mortgage to ​understand potential loan terms, conditions and limitations. Start your online application and contact us for a close and careful review on all required documentation.
Conclusion: Buying your first home doesn't have to be daunting. Use this ​checklist to empower yourself with knowledge and take the first steps ​toward homeownership. Remember, the right resources and assistance can make all the difference!
RUDY CATTUSE
Real Estate Expert
SL # 3472816