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Mortgage

1st Time Home Buyer

1st Time Home Buyer

One of the biggest changes for first time homebuyers is the ability to use gift funds for downpayment. FHA has always allowed gift funds for downpayment but you can now purchase using conventional financing with as little as 3% down. Its becoming apparent that rents will continue to rise and the value of real estate has risen rapidly over the last 18 months. Now is the ideal time to purchase your first home!