Turning dreams
into reality for first
time homebuyers
Discover Mortgage Options Tailored to First-Time Home Buyers to Make Your Dream a Reality.
We’re here to help prepare
you as First-Time Homebuyers
Becoming a homeowner is a very exciting time and at John Adams Mortgage we are here every step of the way to guide you!
When buying a home for the first time, it’s natural to have plenty of questions. You might be curious about how to secure down payment assistance or find additional support for covering closing costs. Below we will cover home loan and program options for first-time home buyers that could benefit you!
How do you qualify as a First-Time Homebuyer?
Being a first-time homebuyer for mortgage qualifying purposes means you have not been on title to a principal residence in the last 3 years.
For couples, if one spouse is/was a homeowner but the other has not owned a home, both spouses are considered first-time homebuyers.
Popular Loan Programs for First Time Homebuyers
Conventional
Conventional loans offer flexibility and can be very beneficial for First-Time Homebuyers.
FHA
FHA loans are a great option for a lot of Homebuyers. Those with low-to-moderate income can benefit from a lower down payment requirement, lower monthly premiums, and lower closing costs.
VA
VA mortgage loans provide affordable home financing options for eligible service members, veterans and surviving spouses.
Let’s Talk Numbers
Schedule a loan consultation so we can help you!