Posts by The My First Home Mortgage Team

As a first time buyer there are many items to be concerned with. One of the biggest is how much cash am I going to need to buy a home. Great question by the way. We are here to show you  how much and options to reduce that cash to close. There are many programs…

I get asked quit often the question of is there still any funds available for 1st time buyers.  Short answer.  Yes, there is plenty.  There are multiple programs that are fully funded and waiting for pre-qualified buyers.  The pandemic has not created any issues with these programs being available.  The first step is to reach…

The bond market determines which way rates are headed.  The more traders buy bonds the lower rates go, and conversely the more they sell the higher rates go.  Each day traders take in news from all over the world to determine future economic prosperity.  If there is good economic news, for example people are buying…

One of the biggest obstacles in buying your first home can be the cash needed for a down payment and closing costs. Many buyers do not have the savings or family members to give a gift to cover the typical costs of buying a home.  This in the past has prevented or delayed many from…

If you are buying a home in Montgomery County, Maryland you need to reach out to us.   They just released the McHAF program that provides up to $25,000 in down payment and closing cost assistance for 1st time buyers. They also are using their lowest rate options to help drive the payment lower.  In addition,…