Buying a home is exciting. Which neighborhood? Ranch or two-story? Attached garage or screened in porch? Lots of decisions. First-time homebuyers in New Jersey think about all of these things and more.
But you need to start at the beginning, and the beginning, especially for first-time home buyers, means understanding how much house you can afford today, as well as a few years down the road. Your NJ Lenders Loan Officer can help you figure that out.
NJ Lenders takes care to ensure that first-time homebuyers in New Jersey, New York and Pennsylvania understand ALL of their options. There are many different loan programs that a first-time buyer may qualify for at the national, state and local levels. Your NJ Lender team can make you aware of the ones that might be right for you, including:
Fannie Mae HomePath is a national program offering assistance with closing costs to first time home buyers after completion of an online homeownership preparedness course https://www.homepath.com/ready_buyer.html
For first-time buyers in New York City, the HomeFirst downpayment assistance program offered by the New York City Department of Housing Preservation and Development may be a good option. http://www1.nyc.gov/site/hpd/owners/homeowner-downpayment-assistance.page.
These are just a few of the many options available to first-time homebuyers in New Jersey, New York and Pennsylvania. At NJ Lenders, we take the time to make sure to explore and explain all of the opportunities, customizing your first home loan so that you can comfortably afford your first home! Contact one of our loan officers today to get started!