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First-time home buyer guides, helpful mortgage tips, and easy-to-follow articles to make you a better first-time buyer.

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How to Buy a House With Bad Credit
Just Starting
9 min read

How to Buy a House With Bad Credit

You can buy a house with bad credit.  Every day, mortgage lenders around the country approve applications for first-time buyers with low credit…

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What Is An FHA Loan?
Just Starting
13 min read

What Is An FHA Loan?

The FHA loan, backed by the Federal Housing Administration, is the original low-down payment mortgage for first-time home…

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10 First-Time Home Buyer Government Programs
Just Starting
11 min read

10 First-Time Home Buyer Government Programs

Note: This page is updated regularly. It provides timely, reliable information about first-time home buyer and down payment assistance programs.…

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Should I Get Pre-Approved Before Looking For a House?
Just Starting
1 min read

Should I Get Pre-Approved Before Looking For a House?

Yes, you should get pre-approved before looking for a home. No matter the stage you are in, a mortgage pre-approval is the first big step on your…

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How To Write a Mortgage Gift Letter for Your Down Payment
Under Contract
8 min read

How To Write a Mortgage Gift Letter for Your Down Payment

Buying your first home calls for plenty of celebration with house-warming parties, neighborhood greetings, and new home photos that are sure to earn…

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Loan Estimate Explainer for First-Time Buyers (with Examples)
Under Contract
1 min read

Loan Estimate Explainer for First-Time Buyers (with Examples)

Once you get pre-approved for a mortgage, comparing rates is important. However, what’s even more important is how you compare mortgage rates.…

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6 Ways To Reduce Your First-Time Home Buyer Anxiety
Just Starting
8 min read

6 Ways To Reduce Your First-Time Home Buyer Anxiety

Buying your first home is an exciting milestone. Homeownership offers promises of independence, security, and wealth. It’s also among the largest…

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Does A Mortgage Pre-Approval Affect Your Credit Score?
Just Starting
6 min read

Does A Mortgage Pre-Approval Affect Your Credit Score?

A mortgage pre-approval affects a home buyer’s credit score. The pre-approval typically requires a hard credit inquiry, which decreases a…

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The Home Buyer Glossary of Real Estate & Mortgage Terms
Just Starting
41 min read

The Home Buyer Glossary of Real Estate & Mortgage Terms

Real estate & mortgage terms for first-time home buyers. We explain everything in plain language and contextual, real-world examples.…

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Mortgage Pre-Qualification vs Pre-Approval – What’s the Difference?
Just Starting
8 min read

Mortgage Pre-Qualification vs Pre-Approval – What’s the Difference?

Mortgage pre-qualifications and mortgage pre-approvals are different. One is useless for a first-time home buyer. The other is invaluable as a…

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Is Now A Good Time To Buy A House [February 2024]
Buying Soon
4 min read

Is Now A Good Time To Buy A House [February 2024]

tl;dr Yes, February 2024 is a good time to buy your first home. This unbiased article examines current mortgage rates, recent home values, and market…

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Best Low Down Payment Mortgages For First-Time Buyers
Just Starting
6 min read

Best Low Down Payment Mortgages For First-Time Buyers

There are several opportunities for home buyers to purchase their first home with a low down payment mortgage. Buyers can qualify for mortgages with…

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What Is 100% Mortgage Financing?
Just Starting
1 min read

What Is 100% Mortgage Financing?

100 percent mortgage financing allows buyers to finance the entirety of their home’s purchase price. This means a down payment isn’t a…

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What Do You Need To Buy a House? 7 Checklist Items
Just Starting
8 min read

What Do You Need To Buy a House? 7 Checklist Items

If you’ve ever wondered if homeownership is possible for you, you’re not alone. It’s a process, but homeownership is possible — and it’s…

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A Simple Home Buying Timeline for First-Time Buyers
Just Starting
1 min read

A Simple Home Buying Timeline for First-Time Buyers

Many home buyers begin their journey before talking to a lender. Home-buying begins when you first see yourself as a future…

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How To Buy a House With No Money
Just Starting
11 min read

How To Buy a House With No Money

Buying a home is more accessible than many people think. Gone are the days of needing tens of thousands of dollars to become a homeowner. You don’t…

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How Much Money Do You Need To Buy a House?
Just Starting
7 min read

How Much Money Do You Need To Buy a House?

To buy a house, you typically need 3 percent of the home price for a down payment and 1.5 percent for closing costs. So based on the typical U.S.…

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Mortgage 101: Basics Every Home Buyer Should Know
Just Starting
14 min read

Mortgage 101: Basics Every Home Buyer Should Know

​​For renters, it’s simpler than ever to buy your first home. The government has expanded its low- and no-down payment mortgage coverage…

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