First-time home buyers sometimes have access to special loan programs and home buying grants that other buyers don’t.
However, these types of programs are often geared toward first-time home buyers who need a little extra help; for instance, lower-income home buyers or those with poor credit.
If you have great credit and make a lot of money, the benefits of being a first time home buyer might not apply to you — but then again, you might not need them.
The information contained on this website is for informational purposes only and is not an advertisement for products . The views and opinions expressed herein are those of the author and do not reflect the policy or position of Brokerage. Source: The Mortgage Reports