As a first-time homebuyer, you might be eligible for a federal tax break through amortgage credit certificate (MCC), usually up to $2,000 per year. There is a fee to buy the MCC, but if you plan to stay in your home long-term, the math might work in your favor. ...
October 23, 2024 - 9 min read What to know about buying a house in Nebraska If you’re a Nebraska first-time home buyer, you have access to a variety of helpful programs. The Cornhusker State offers several down payment assistance programs, as well as special mortgages with below-market ...
Planning on buying a home? CIBC has all the resources you need to find the mortgage that's right for you. Start with our step-by-step guide for first-time home buyers.
Specialty Programs for First-Time Homebuyers In addition to the traditional sources of funding available to anyone, there are somespecialty programsfor first-time homebuyers. Among them: Fannie Mae's Ready Buyer Program The Federal National Mortgage Association's (Fannie Mae's) HomePath Ready Buyer...
The federal and state governments offer a variety of programs to support home purchase, with a particular emphasis on first time buyers.Understanding Your Loan Choices see here First Time Home Buyer Programs in Your State Featured Articles Downpayment Assistance Program for the First Time Home ...
The First Homes Tax Credit program helps eligible first-time homebuyers in Rhode Island by providing a federal tax credit. This mortgage credit certificate (MCC) program allows homebuyers to claim a percentage of their mortgage interest payments as a direct credit against their federal income taxes,...
First-time homebuyer programs: Some lenders offer loans, backed by federal or local programs, that are particularly helpful for first-time homebuyers. These programs may have lower down payments or credit score requirements in some cases. These loans, backed by the Federal Housing Administration, ...
As a first-time home buyer, you have access to strong incentives to help you turn your dream into a reality. Check out your options or contact us to learn more.
First-time homebuyer Q&A: How do down payment assistance programs work? National Homebuyers Fund Grants and Loans | 2025 How to Get Chenoa Fund Down Payment Assistance NACA Program | Income Requirements 2025 Homebuyer education courses: What to know before you start ...
Good Neighbor Next Door program– This HUD program has a very low down payment requirement on homes in certain areas, coupled with the ability to save 50 percent on the purchase price. Get started As you prepare to become a first-time homebuyer, here are some next steps: ...