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

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

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  3. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

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

    Fannie Mae Standard. Fannie Mae standard home loans also let you purchase with just 3% down as long as at least one borrower is a first-time homebuyer. Standard loans have no income limits. Down ...

  4. Buying a home just got more affordable for the first time in ...

    www.aol.com/news/buying-home-just-got-more...

    The 30-year mortgage rate saw its first annual decline in three years last month, falling to 6.5% from 7.07% the year prior. The rate has now settled at 6.09%. The rate has now settled at 6.09%.

  5. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Mortgage. A mortgage loan or simply mortgage (/ ˈmɔːrɡɪdʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  6. How to compare lenders for first-time homebuyers - AOL

    www.aol.com/finance/compare-lenders-first-time...

    To help you pinpoint the best mortgage lenders for first-time buyers, here’s an overview of the types of mortgage lenders you can compare: Banks: Banks offer banking, investing and loan products ...

  7. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    In the present day, approximately 46% of first-time homebuyers in the United States utilize FHA loans for their home purchases. Notably, 1 in 16 FHA loan borrowers maintains a credit score below 600, while the average credit score among first-time FHA loan borrowers stands at 677. These first-time homebuyers account for 82% of all FHA purchase ...

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