When you were in school, it was horrifying to hear that something would be put on your “permanent record.” But, as it turned out, that wasn’t such a big deal. The only permanent record you have to fear as an adult is your credit file. A rocky start or even a prolonged hard spot can make it very difficult to buy a home of your own. When you couple that problem with having a small or nonexistent down payment, there aren’t a lot of options for purchase.
Read MoreGetting a home, and the mortgage that comes with it could be the most important financial transaction you ever make. But how do you go about getting a home loan?
Read MoreA Federal Housing Administration (FHA) loan is a loan with less stringent qualifications and low down payments. It’s part of the U.S. Department of Housing and Urban Development’s programs to help first-time homebuyers buy a home.
Read MoreFirst time home buyer grants are issued by federal, state and local housing agencies to help borrowers purchase a home easily. The programs are designed to lower the hurdles of acquiring a home, by paying the down payment.
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