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How to compare lenders as a first-time homebuyer. When comparing mortgage lenders as a first-time buyer, you will want to consider several factors. Loan products may look similar on the surface ...
Bankrate looked closely at several key criteria to help narrow down the top mortgage lenders for first-timers, including first-time buyer and low-down payment loans and down payment assistance, as ...
First-time homebuyer assistance: The more assistance programs a lender offers to make homeownership accessible, such as low-down payment mortgage options or a credit to go toward closing costs ...
Lender. Bankrate Score. Credit requirements. Down payment minimum. Bethpage Federal Credit Union. 4.9. 620 for conventional loans, 500 for FHA loans. 3% for conventional loans, 3.5% for FHA loans
Best for: Homebuyers who want to compare a variety of mortgage options and don't mind paying a broker's service fee. Mortgage brokers are independent, licensed professionals who serve as ...
That said, many first-time buyers go with a 30-year, fixed-rate mortgage because the monthly payments are lower and more predictable. Two popular 30-year fixed-rate choices: conventional loans and ...
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