Guides
Guides
First-Time Homebuyer Guide: Your Step-by-Step Path to Homeownership
Buying your first home can be both thrilling and a bit intimidating. It is the largest purchase you may ever make. But with the right help and preparation, you may be able to turn your homeownership dreams into reality.
Homebuyers, Guides
Homebuyers Can Lock in Super-Low Rates with Assumable Loans. Are They Worth the Risks?
While a 2% mortgage rate may feel like a distant dream, some buyers in 2024 are actually pulling it off. No, this isn’t not magic. It's called an assumable mortgage.
Guides
FHA Down Payment Assistance: Your Guide to Homeownership
Down payment assistance programs (DPAs) are tools to help buyers afford homeownership. First-time and lower-income buyers who are struggling to come up with the minimum down payment needed to qualify for a mortgage can use these programs to help bridge the gap.
Guides
Arkansas First-Time Homebuyer Guide
Thinking about buying a home in The Natural State but don’t know where to begin? Read on to learn more about the benefits of buying a home in Arkansas, the programs and loans you can use to purchase your first home, and about how New American Funding can help you fund your dream.
Guides
Minnesota First-Time Homebuyer Guide
How much a first-time homebuyer has to put down on a home depends on the loan type and their unique financial profile. For example, VA loans offer zero down payment, while the down payment on a Conventional loan can be anywhere between 3%-20%.
