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  2. First-time homebuyer guide - AOL

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

    A first-time homebuyer is someone who has either never owned a home or who has not owned a home in the last three years. ... like your desired loan amount, down payment and credit score range ...

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

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

    The typical down payment for a first-time homebuyer was 8 percent in 2023, according to the National Association of Realtors (NAR). For a $400,000 home, an 8 percent down payment totals $32,000.

  4. First-time homebuyer statistics 2024 - AOL

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

    The median age for a first-time home buyer in 2023 was 35, down from 36 in 2022. (National Association of Realtors) The typical down payment for a first-time homebuyer in 2023 was 8%, the highest ...

  5. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/grants-low-interest-loans-state...

    Helps first-time home buyers with down payment and closing cost assistance. First-time home buyers, Kansans who have a median income at or below 80% of their area qualify. Kentucky Housing Corporation

  6. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    Homebuyer assistance programs vary by state and can amount to up to three percent of the loan amount for down payment or closing costs. Some states have special programs supporting home purchases in selected geographic areas. [3] There is more risk for lenders when individuals purchase a home as an investment property.

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

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

    A first-time homebuyer refers to a homebuyer who hasn’t owned a home previously. However, in terms of qualifying for a first-time buyer program, it often doesn’t have to be your very first time.

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