First Time Homebuyers

Start your journey with flexible, affordable loan options built just for first-time buyers.

Buying your first home is a big milestone, and it’s easier when you have the right support and options. First-time homebuyer programs are designed to make the process more affordable with lower down payments, flexible credit requirements, and access to grants or assistance. Whether you’re just starting to explore or already searching for homes, we can help you feel confident about your next steps.

Let’s Get Started!

Couple handshaking realtor after signing contract

First Time Homebuyer Loans Are Good For:

These loans are ideal for first time homebuyers, whether you’re currently renting, living with others, or in a transitional housing situation. They’re a strong option for anyone with limited credit history or down payment savings, and they pair well with assistance programs or low-interest, fixed-rate financing.

First Time Homebuyer Loan Details

Loan Type Basics +

Talking to a licensed Loan Officer is the first step to getting the right mortgage loan. Everyone has different loan needs and qualifications, and your Loan Officer will know which questions to ask in order to best match you with the right loan and monthly payment that you qualify for.

Down Payment Options +

Many first-time buyer programs require just 3 to 3.5 percent down. Assistance programs can help cover down payment and closing costs through grants, forgivable loans, or second mortgages, depending on eligibility and location.

Credit and Income Flexibility +

Programs often allow lower credit scores or alternative credit history. Income limits may apply depending on the loan program or assistance you’re using. Homebuyer education is often required to help you prepare for long-term success.

Choosing the Right Fit +

With so many options, it’s important to choose the loan that aligns with your income, goals, and timeline. A loan officer can walk you through the details, show you what you qualify for, and connect you to helpful local resources.

Not the Loan You Were Looking For?

Secure your First Time Homebuyer Loan At One of Our Branches

You only buy your first home once, make sure you have a team who understands what matters. From pre-approval to closing, we’ll guide you every step of the way and help make the experience smooth and exciting. Contact a local loan officer today to get started.

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Hear From People Who Loved Working With Us

Our clients come first, with communication and transparency as our goal, we make sure you never miss a beat. See what our customers are saying about their Absolute Home Mortgage home buying experience.

John Esposito

Communicated clearly and efficiently throughout the entire process. Always available to answer any questions that we had.

Mar/22/2022

Ilham Had

It couldn’t be any better! Thank you.

Mar/22/2022

Vivek Shah

Mr. Sharif made the process very smooth. He explained me the whole process very well. My closing was after 2 months and the interest rates were going up and the sharif guided me to lock the lower rates for two months. Other lenders were not ready to …

Mar/22/2022

Mereena Ceril

It was easy and pleasant to work with Rohit.

Mar/22/2022

Harold Edwin Gaines

They were very professional and made themselves available during our home search. they made the process go smoothly.

Mar/22/2022

Mallikarjun Rao Banda

Rohit Saraogi and Jessica Mastriano have provided exceptional service!

Mar/22/2022

Cecelia LaPoint

Jeff and Kelly kept me up to date on everything throughout the whole process. Answered any questions right away. They were a pleasure to work with.

Mar/21/2022

Elizabeth Barrett Morales

Zephan is the BEST. We had many false starts leading up to our mortgage journey. Zephan patiently waited for us and kept us informed about the market along the way. We know our file was frustrating, but Zeph never made us feel like anything but va…

Mar/21/2022

Giuseppe Castronovo

Zephan put up with my shit for 2 years and about 36 failed contracts

Mar/21/2022

Brian Imbriale

Made it very comfortable and easy to work with

Mar/21/2022

Erik Anderson

Valentina did an amazing job at breaking down the tasks associated with our home buying experience. At each step she walked us through the importance, clearly identified what was expected, and provided additional advisement when there was confusion. …

Mar/21/2022

Satya Putta

Sharif and his team Ana, has been pleasant to work with. He was detailed and competitive in the offering, quick at responding to our needs of getting a pre-approval letter, as we made an offer, and quick at finalizing details to meet the closing date…

Mar/21/2022

Jordan Price

Greg was extremely responsive and answered all my questions.

Mar/20/2022

SVETLANA SYPEN

Great service

Mar/20/2022

John Risitano III

Zephan is very knowledgeable and he knows what he’s doing. He made my whole experience very pleasant, and very stress free. I will recommend Zephan to everyone I know.

Mar/19/2022

Frank A Luna JR

Team was knowledgeable and responsive.

Mar/19/2022

Daniel Rannekleiv

Justin himself was very helpful through a difficult process

Mar/19/2022

Jorge I Pabon

The customer service and follow up was standing

Mar/19/2022

Marta Mroczkowska

His professionalism and understanding of our needs.