130 South Main Street Suite 203
Thomaston, CT 06787
First Time Buyer
Connecticut First Time Home Buyer Specialists | |
Are you tired of making someone else's mortgage payment?
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Being a first time buyer, you have many loan programs specifically tailored for your needs. These loans feature low down payments and NO DOWN PAYMENT with easier approval guidelines that help you to qualify. Below you will see a list of the more popular first time homebuyer programs.
First time home buyer loans allow buyers to get into a house more easily. However, just because you’re a first time home buyer doesn’t mean you should use a first time home buyer loan. These programs have restrictions and strings attached. While they are a perfect fit for some, first time home buyer loans are the wrong choice for others. Many lenders will bait first time home buyers by offering a low rate program that may or may not be the best option for their needs.
Let the Benchmark Mortgage Team Help Find You The Perfect Loan For Your Individual Needs. Get A Honest, No Obligation Free Mortgage Consultation Today. Find out how much you can aford before you start shopping for a home.
To get started immediately click here for our First Time Buyers on-line application.
What is a First Time Buyer Loan?
Who is Eligible for a First Time Buyer Loan?
FHA and VA Loans for First Time Buyers
Community Home Buyer Programs
What is Escrow?
Mortgage Credit Certificates
Thomaston, Torrington,Watertown,Nauagtick,Fairfield,Danbury,Newington,Bethel,Farmington,Milford,New Haven,Derby,Seymour,Southbury,Brookfield,Wilton,Essex,Norwalk,New Milford,Watertown,Oxford First Time Buyers Program
What is a First Time Buyer Loan? - Apply Online
Purchasing your first home can be a daunting and confusing process for many, with the help of a mortgage lender you are often offered many home loan options to help assist you in making your decision for which loan is best for you. First time home buyer programs can offer lower interest rates, lower down payments and No Down Payment Programs.
Who is Eligible for a First Time Buyer Loan? - Apply Online
First time home buyer programs are designed to help borrowers who may not have the funds to pay the full cost of a traditional down payment or the closing costs associated with a mortgage. In many states, there are even programs specifically tailored for your needs. These programs are easier to qualify for and make obtaining a mortgage more cost effective. You must not have owned a home in the past three years to be eligible for a first time home buyer program
FHA and VA Loans for First Time Buyers - Apply Online
As a First Time Home Buyer, it may often be difficult to amass a considerably large down payment and everyone should have the opportunity to buy a home. This is the reason that the Federal Government has stepped in to offer two loan programs in assisting homebuyers that have little or no down payment. These programs are called Federal Housing Administration (FHA) and the Veteran's Administration (VA). These are not solely intended for first time home buyers, though your home loan advisor will be able to determine if you meet the qualifications for either program and which would be acceptable for your needs.
Community Home Buyer Programs - Apply Online
Community home buyer programs reduce the down payment you must pay by to 3% of the total down payment. This home loan program requires that you take a class on home ownership in your own city and/or state. This type of program makes it possible for many people to have the opportunity to own a home. Note: that some community programs offer 100% Financing, Contact the Connecticut Mortgage Specialists at Benchamrk Mortgage for complete information.
What is Escrow? - Apply Online
An account in which a neutral third party holds the documents and money in a real-estate transfer until all conditions of a sale are met. In other words, escrow is where the transaction changes hands and prevents the seller from NOT receiving the money from a sale and prevents the buyer from NOT receiving the home that they have purchased. You will always want to use some type of escrow when dealing with large amounts of money and/or items, such as during a mortgage process.
Benchmark Mortgage offers competitive rates and a wide array of loan programs. You will find that the Benchmark Team far exceeds your expectations; our dedicated team will make your mortgage financing transaction affordable and hassle free. Apply Online
Thomaston, Torrington,Watertown,Nauagtick,Fairfield,Danbury,Newington,Bethel,Farmington,Milford,New Haven,Derby,Seymour,Southbury,Brookfield,Wilton,Essex,Norwalk,New Milford,Watertown,Oxford First Time Buyers Program - Apply Online
With Benchmark Mortgage , our Thomaston, Torrington,Watertown,Nauagtick,Fairfield,Danbury,Newington,Bethel,Farmington,Milford,New Haven,Derby,Seymour,Southbury,Brookfield,Wilton,Essex,Norwalk,New Milford,Watertown,Oxford mortgage bankers will offer a wide variety of first time buyer programs for Thomaston, Torrington,Watertown,Nauagtick,Fairfield,Danbury,Newington,Bethel,Farmington,Milford,New Haven,Derby,Seymour,Southbury,Brookfield,Wilton,Essex,Norwalk,New Milford,Watertown,Oxford first time buyers. We will make the process for securing an affordable loan in Thomaston, Torrington,Watertown,Nauagtick,Fairfield,Danbury,Newington,Bethel,Farmington,Milford,New Haven,Derby,Seymour,Southbury,Brookfield,Wilton,Essex,Norwalk,New Milford,Watertown,Oxford go as smoothly as possible for your home loan needs.
Reach us at:
Main Telephone: 860-283-0000
Danbury CT: 203-826-8964
Email: lnamiot@benchmarkct.com
CT First Mortgage License #: 20217 2nd CT Mortgage License #: 20220
Benchmark Mortgage, Lending in 47 U.S. States.