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2. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. The grants are usually awarded to low- or moderate-income borrowers ...

3. Down payment assistance: How it works and how to get it - AOL

   www.aol.com/finance/mortgage-down-payment...

   A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second mortgage. The funds don’t have to be repaid. The funds don’t ...

4. First-Time Homebuyer’s Guide to Mortgage Loans, Programs and ...

   www.aol.com/finance/first-time-homebuyer-guide...

   First-time homebuyers have a number of mortgage loans and programs to choose from. Some are reserved for first-time buyers, while others simply have the lower credit, income and down payment ...

5. Guide to first-time homebuyer grants - AOL

   www.aol.com/finance/first-time-homebuyer-grants...

   Key takeaways. A first-time homebuyer grant can help you cover a down payment and closing costs. You don’t have to repay the grant funds. A grant might come from a bank or mortgage lender, a non ...

6. Best mortgage lenders for first-time homebuyers in 2024 - AOL

   www.aol.com/finance/best-mortgage-lenders-first...

   There are many different kinds of first-time buyer programs, including 3 percent down conventional loans, 3.5 percent down FHA loans and no-down payment loans for eligible military members or ...

7. What is the average down payment for first-time homebuyers? - AOL

   www.aol.com/finance/average-down-payment-first...

   The average down payment for first-time homebuyers is considerably less than the oft-quoted 20 percent ... Many conventional loan programs require mortgage insurance if homebuyers put less than 20 ...