We Answered Your Top 12 Questions About First Time Home Buyer Loans (In Exquisite Detail)
HomeLight
DECEMBER 30, 2021
Because lenders carry less risk, these types of loans are a popular offer for first-time buyers who may not have a large down payment or a strong enough credit score to qualify for a conventional loan. A debt-to-income ratio under 43%. Reliable income with proof of employment. What are conventional loans?
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