First Time Home Buyer - 3 Strategies To Make A Great Investment

Описание: 3 things every first time home buyer need to know before buying a house ****** Learn how to take advantage of the programs available to first time home buyers

In this video, we cover the top 3 strategies to know as a first time home buyer.

1. How much house you can afford
2. What programs are available to first time home buyers
3. How to choose the right house

And want to learn more about buying vs renting?
Read more here
https://www.jurnex.com/buy-or-rent/


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📚 Resources and links 📚

FHA Loans
3.5% down payment for 580+ credit scores
10% down payment for 500+ credit scores
https://www.hud.gov/buying/loans

Fannie Mae & Freddie Mac Loans
3% down payment for 620 credit scores
https://www.fanniemae.com/singlefamil...

Fannie Mae 3% rebate
Rebates for first-time home buyers
https://www.homepath.com/ready_buyer....

Local HUD Loans
Varies by state
https://www.hud.gov/topics/rental_ass...

USDA Loans for rural areas
0% down payment, and guarantees your mortgage so it reduces your interest rate
97% of land in the US counts as rural

https://eligibility.sc.egov.usda.gov/...
https://www.usdaloans.com/program/pro...

VA Loans for military
0% down payment, no mortgage insurance
https://www.benefits.va.gov/homeloans/

Good Neighbor Next Door Program for teachers, firefighters, police and EMT
50% off house list price
https://www.hud.gov/program_offices/h...

HUD Loans for Native Americans
1.25-2.25% down payment, 0.25% mortgage insurance premium
https://www.hud.gov/program_offices/p...