First Time Home Buyer

Your debt to income ratio compares your monthly payments with the income a lender can count and sets the ceiling on the house payment you can qualify for. Improving your debt to income ratio before applying lets you make and…

Deciding how much to put down on a home affects your interest rate, your loan costs, and the savings you have left after closing. The best way to figure out how much to put down is to work backward from…

Buying a home for the first time in Texas comes with a lot of moving parts, and the North Texas market moves fast. The good news is that first-time buyers have access to loan programs, down payment assistance, and strategies…

For many home buyers in Texas, the monthly mortgage payment is manageable long before the upfront cash requirement is. Saving enough for a down payment takes time, and in markets where home prices have risen steadily, that timeline keeps stretching…

Buying a home for the first time comes with a lot of questions, like: which loan fits my situation, and what do I actually need to qualify? Home loans for first-time buyers cover a range of programs designed to make…

Buying your first home is both exciting and a bit nerve-wracking, especially when it comes to understanding the first-time homebuyer approval process. Most lenders assess applications against set standards, such as credit, income, assets, and key risk considerations, to determine…

Reducing homeownership frustration can be achieved by removing the biggest hurdle most first-time buyers encounter: the down payment. Meet the Thompsons, a family of four who dreamed of owning their first home for years. Like many families, they faced significant…

A zero-down purchase program for first-time home buyers was once thought to increase the risk of losing the home if a financial emergency occurred. However, based on the performance of the VA loan, this does not hold true. Today, we…