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Down Payment Tips for Gen Z
Down Payment Tips for Gen Z

Are you a Gen Zer unsure about your financial responsibility when it comes to buying a home? Buying a home doesn’t have to be an overwhelming process or a financial drain. How should you prepare?   1. Down Payments Down payments seem to be the biggest obstacle first time home buyers think they will face […]

March 12, 2020
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New Down Payment and Closing Cost Assistance Loans
New Down Payment and Closing Cost Assistance Loans

First Home Mortgage is excited to roll out a new program to assist first-time homebuyers, community partners and veterans with down payment and closing cost assistance. The FHLB program provides loans up to $7,500 to homebuyers that can be used towards the down payment and/or closing costs of their new home. These loans are forgivable […]

February 08, 2019
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Can You Buy a Home With Student Debt?
Can You Buy a Home With Student Debt?

According to The Institute for College Access & Success, about 65% of college seniors who graduated in 2017 had student loan debt. In Maryland, the average amount of debt was $29,314. Many potential homebuyers think with a mound of student debt it will be nearly impossible to purchase a new home. Luckily, there are options […]

November 29, 2018
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Breaking Down Homeownership Programs
Breaking Down Homeownership Programs

Buying a home is a big, if not the biggest, purchase you are going to make. You may have heard there are a lot of costs when it comes to buying, and hearing the word “down payment” may strike a small sense of panic, but it doesn’t have to! There are many programs offered to […]

August 08, 2018
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Special Assistance Grant Program from the Maryland Mortgage Program
Special Assistance Grant Program from the Maryland Mortgage Program

The Maryland Mortgage Program has announced their new Special Assistance Grant Program to assist homebuyers with down payment and closing costs while purchasing a home.  The MMP offers a range of programs that help make purchasing and owning a home more affordable.  With this Grant, eligible borrowers will receive $2,500 or $1,500 (depending on the […]

May 25, 2018
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New Extra Assistance Loan from Rhode Island Housing
New Extra Assistance Loan from Rhode Island Housing

Rhode Island Housing (RIH) has introduced a new Extra Assistance Loan for first-time homebuyers, effective May 21, 2018.  This Extra Assistance Loan may be used towards the borrower’s down payment and/or closing costs.  RIH offers affordable and innovative lending opportunities, education, resources and programs to assist Rhode Islanders to buy, build and keep a good home. Extra […]

May 22, 2018
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Big Savings with the VHDA Loan Combo
Big Savings with the VHDA Loan Combo

Virginia Housing Development Authority (VHDA) offers a variety of affordable home mortgages to Virginians who otherwise might not be able to afford quality housing.  Add available special features, such as the Down Payment Assistance Grant and Mortgage Credit Certificate with a VHDA Loan Combo and increase money-saving benefits. What does the VHDA Loan Combo consist […]

April 11, 2018
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First Home Receives First Place Top Producing Lender 2017 Award by the Maryland Department of Housing and Community Development
First Home Receives First Place Top Producing Lender 2017 Award by the Maryland Department of Housing and Community Development

On January 19th, 2018, the Maryland Department of Housing and Community Development honored its top four performing lender partners of 2017 – First Home Mortgage Corporation acknowledged as their Top Producing Lender.  With an audience of nearly 300 program partners, the department debuted their redesigned website, presented their new enhancements and processes on new loan and […]

March 02, 2018
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