I am looking to purchase a new home and I need some advice. I live in an area where the housing prices are pretty steep compared to the salaries, and I have a large student loan pmt in addition to a car pmt. I am slowly but surely paying off my credit cards and will be done with my car soon. I have some friends who took advantage of a builder's 1% down and no closing costs, but I was wondering if there were any other first time buyer programs out there. Any relevant advice would be greatly appreciated.
Hi: Check out this website: http://www.hud.gov/buyhome.html It's a government owned site with a lot of free information on purchasing your first home and all the government programs available. Good luck! Regards, Alex ----------- Free Credit Help! www.Creditinsiders.com
Also, check with your state/county/city depts. of housing...they often have special first time buyer programs, and/or closing cost assistance programs. Also, by taking two cheap community college classes I put my student loans back into deferrment, and lenders don't count them if they are in deferrment. 1st time buyer wrote: ------------------------------- I am looking to purchase a new home and I need some advice. I live in an area where the housing prices are pretty steep compared to the salaries, and I have a large student loan pmt in addition to a car pmt. I am slowly but surely paying off my credit cards and will be done with my car soon. I have some friends who took advantage of a builder's 1% down and no closing costs, but I was wondering if there were any other first time buyer programs out there. Any relevant advice would be greatly appreciated.
