Latasha Hemsley MD, DC, & PA Realtor | Trusted Real Estate Services | Buy & Sell with Confidence

First Time Home Buyers

About First Time Homebuyer Programs

All programs are based off of eligibility and these factors can be surrounding your income, neighborhood you live in or want to pursue, credit score, household members , occupation, and employer. However, there is a difference in aid and what may come with it.

What is a First Time Home Buyer ?

A first-time home buyer is an individual who is purchasing a home for the first time and has not owned a primary residence in the past three year

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Grants

Grants provide free money that doesn’t need to be repaid, helping cover down payments and closing costs.

Forgivable Loan

Forgivable loans work like grants but require the buyer to meet specific conditions, such as living in the home for a set number of years & etc, before the loan is fully forgiven.

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Loan Product 

Loan products like FHA, VA, and USDA loans offer low or no down payment options, making home buying more accessible. Understanding these programs can help buyers reduce upfront costs and achieve homeownership with financial confidence.

 
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