Qualifying as a first-time home buyer isn’t just for people who have never owned a home. First-time homeowners, as defined by HUD (Department of Housing and Urban Development) also include anyone who hasn’t owned a home as their principal residence in the last 3 years, a single parent who has only owned with a former spouse while married, an individual who is a displaced homemaker and has only owned with a spouse, or an individual who has only owned a principal residence not permanently affixed to a permanent foundation.
If you fall into any of these categories, you are considered a first-time homebuyer and as such, may qualify for some unique loan programs only available to first-time homebuyers.
Additionally, with buying a home, you are on the path to growing your wealth. Homeownership is considered one of the best ways to becoming financially independent! Why pay a landlord each month when you can pay yourself instead?
Please take a moment to share with us what your Dream Home will look like. Click the link below, complete the information and we will get to work making your dreams of homeownership a reality!
