You don’t have a large down payment saved up, you’re not alone if you’re a first-time home buyer and. Almost 50 % of all first-time purchasers utilized an FHA loan, a standard form of first-time house customer loan, to buy just 3.5% to their properties down.
Gone will be the times once you required a massive 20per cent deposit to purchase a property. Also you can still achieve the American Dream of owning a home by taking advantage of first-time homebuyer programs that offer down payment and closing cost assistance if you have minimal savings. Read more