Posts

Model of a home sitting on a pile of cash

Is There Down Payment Assistance for FHA Loans?

January 27, 2022

Do you qualify for down payment assistance? If you’re a Maryland resident looking to buy your first home, the My Home Mortgage Team can help! We offer several types of down payment assistance programs. Today, we are answering the question of if there is down payment assistance for FHA loans specifically. Continue reading to learn…

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4 Facts About Down Payment Assistance

January 27, 2022

Buying a home can be an exciting prospect, but a daunting process. From home inspections to down payments, to moving costs, and more, the cost of home buying quickly rises beyond just the initial purchase price. At First Home Mortgage, we make this complex process less overwhelming by walking you through all the initial costs…

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cash and credit cards spread out

Do You Qualify for Down Payment Assistance?

December 13, 2021

Owning a home is a quintessential part of the American Dream, but it’s also becoming a harder goal to reach. There’s no denying that home prices are increasing and saving up the money to own one can be tricky. That’s where down payment assistance comes in. Navigating the world of down payment assistance can be…

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a small wooden house with money bags next to it

How Long Does it Take to Get Down Payment Assistance?

December 13, 2021

If you’re hoping to get into your first home soon, you may be frustrated waiting around to get your finances in order. Down payment assistance makes home ownership a reality for many people who wouldn’t otherwise be able to own homes, but there is no denying that waiting for it can be stressful. Unfortunately, if…

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Pros and Cons of Down Payment Assistance

December 9, 2021

Down Payment Assistance programs (DPA) are incredibly beneficial for those looking to purchase a home. Understanding the pros and cons of down payment assistance programs will help you make an educated decision about which program is right for you. At My Home Mortgage Corp, we help homebuyers choose the best down payment assistance programs in…

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What Are The Best Down Payment Assistance Programs?

December 9, 2021

Purchasing a home is a huge investment that everyone hopes to make someday. However, the high costs of buying and maintaining a home are enough to discourage many people from starting the homebuying process. This is where Down Payment Assistance Programs (DPAP) can help. DPAP is a system that offers grants or loans to homebuyers…

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2021 FHA Loans and Down Payment Assistance

December 9, 2021

Federal Housing Administration (FHA) loans offer financial assistance to homebuyers who don’t have enough savings for the down payment on a new home. The benefits of FHA loans include down payments as low as 3.5% and lower credit score requirements to qualify. Schedule a consultation with My Home Mortgage to learn more about how an…

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How to Budget for Your First Home

December 9, 2021

Buying your first home is one of the largest and most important investments you will ever make, and it requires a lot of financial preparation. If you plan on purchasing your own home in the future, it’s never too early to start budgeting and exploring the mortgage loan options that are available to you. With…

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Conventional Loans

August 27, 2021

A conventional loan or mortgage is a type of home buyer’s loan that is not backed by the government. These types of loans are only offered by private lenders like mortgage companies, credit unions, and banks. If they are backed by a government-sponsored entity, it is either by the Federal National Mortgage Association or the…

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Renovation Loans

August 24, 2021

Whether you’re buying a home that needs some repairs or you are already living in the property, there are different types of renovation loans and different financing options available to you. You don’t have to wait for several years or spend your savings on renovation projects — you can simply take out the money upfront…

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Testimonials

Patient & Helpful

Tammi was very patient and very helpful throughout the entire application process. Being a first-time home buyer I didn't know a lot of this which made me frustrated but I was able to get approved and now I am a homeowner thanks to Tammi!

— James C.

No Pressure or Stress!

Tammi Lewis made my home buying experience very easy. I felt no stress or pressure. Tammi was with me every step and made sure I understood everything with detailed talks. My credit score was low and Tammi advised me how to raise it. So that the Loan process would be approved with no problems. Any one know that wants to buy their first home I am recommending Tammi Lewis and First Home Mortgage.

— Charlie F.

Professional & Timely

Rob made sure my experience as a first time home buyer was smooth and painless. Very professional and got things done in a timely manner. Could not have asked for more!

— Samantha J.

Great Experience for a New Homeowner

Rob was at all times, willing to go over the numerous pages of information with me. I am a new homeowner and had many as this was my first time navigating the home-buying waters. He explained things to me in a way that I understood and got me all of my documents in a timely and efficient manner. I enjoyed working with him and would refer him to anyone who is looking.

— Erica F.