Here are the best lenders that offer loan options for first-time homebuyers in May 2025. Benefit from low down payments, grants, and flexible credit requirements.
Andrea Riquier is a former Staff Writer at Forbes Advisor. She is a New York-based writer covering mortgages and the housing market. She was previously at Dow Jones MarketWatch, on the housing market ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
In 2024, the median first-time homebuyer was 38 years old, according to the National Association of Realtors' 2024 Profile of Home Buyers and Sellers report. Factors including low inventory, wealthy ...
Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. A first-time ...
Buying a first home is exciting, but it can be challenging to make the jump from renting to homeownership. First-time buyers don't have home equity to put toward their purchase like repeat buyers ...
There are no federal first-time homebuyer grants, but you might be able to qualify for first-time homebuyer programs that are administered at the state and local level. First-time homebuyers may be ...