First-Time Buyers Archives - Page 3 of 21

January 18, 2023

How to Get Preapproved for a Mortgage

If you are shopping for a home and not sure how much you can afford, getting preapproved for a mortgage will let you know. A mortgage preapproval is a process in which your financial information and credit history is evaluated to determine how much you […]

January 12, 2023

The Benefits of Homeownership

Owning a home is a quintessential part of the American dream. Homes give families a sense of security and belonging. Homes are where holidays are celebrated and memories are made. Homeownership has a variety of practical benefits, too: Building equity: As you make mortgage payments, […]

January 5, 2023

Loans from Mortgage 1 for First-Time Home Buyers

Mortgage 1 offers multiple loan options for first-time home buyers. These include: FHA loans: These loans are backed by the Federal Housing Administration (FHA) and are available to first-time home buyers with low credit scores. They require a down payment of at least 3.5% of […]

October 13, 2022

The Mortgage Process Explained in 6 Easy Steps

If you are a new home buyer, the mortgage process may seem daunting. But it’s really quite easy to understand. We break it down into six easy steps. The mortgage process proceeds in an orderly fashion. It all stars once you decide you want to […]