Purchasing your first home is both an exciting and stressful experience – for just about everyone. First-time home buyers have the added stress of not knowing the market and needing third-party support to make sure you’re getting the best deal. This is why our representatives are available to you around the clock, ready to answer any first-time home buying-related question.
This is probably the number one question in the back of your mind. As you know, there are a lot of factors that go into determining your mortgage payment and interest rates;
Though you have a lot of loan options, if you qualify for a VA loan, it can be a great opportunity for first-time home buyers. These loans are backed by government guarantee and assurance, and come with several benefits. The following are just a few reasons why VA Loans are the preferred options for active and retired service members:
Here at Hero Loan, we also proudly offer several financing options for you, including USDA loans, FHA loans, and conventional mortgages.
To secure your loan as a first-time home buyer, you need to be pre-approved. A loan officer needs to assess your financial situation and determine what you can qualify for, followed by a submitted loan application to the lender for approval.
It is important to use a real estate agent that understands the complexities of the VA Loan Program, and that understands your specific needs as a service member. We are happy to provide a network of partnered agents who recognize what you will need from them and are happy to work with first-time home buyers.
We provide a variety of services that are designed to make this process as manageable and convenient as possible, these services are listed in detail below – they include: