Are you a First-Time Home Buyer?
The reality behind most so-called "First Time Home Buyer" loans is that they are more of a marketing gimmick then anything else. Some mortgage companies lead people to believe that they are restricted to certain types of home loan programs, because they have never owned a home before. This is simply not true.
As a First Time Home Buyer, you become eligible for a home loan just as every other borrower does, by meeting the credit, income, and asset requirements for that particular program. Are there certain loan programs that tend to be better suited for first Time Home Buyers? Sure, but when buying a principal residence, to be required to have previous home ownership experience is just plain discriminatory.
Heritage Home Funding prides itself on providing First Time Home Buyers with the specific education, counsel, and support that they require. But then again, we provide this same level of service to all of our clients.
Contact us today for more information.