First Time Home Buyer Loans in PhoenixFeeling overwhelmed and unsure where to begin?
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Licensed Mortgage Loan Originator•NMLS #1455718
When You Need First Time Home Buyer Loans
First-time buyer loans are for anyone who hasn't owned a home in the last three years. With the U.S. homeownership rate hovering around two-thirds of households, these programs exist to help more people get their foot in the door. The IRS definition is generous, even if you owned before, you can often qualify as a first-time buyer again. These programs include FHA loans with a low down payment, low down payment conventional loans, VA loans with no down payment, USDA loans for rural areas, and various down payment assistance programs from the state and local governments.
Our First Time Home Buyer Loans Process
Here's how we close your first-time buyer loan. Call or text me and we'll talk through your income, savings, credit, and goals. I'll pull a soft credit check and quote you every first-time buyer program you qualify for. Same-day pre-approval in most cases. Most first-time buyer loans close in 25 to 35 days. I'll explain every step and keep you informed throughout.
First Time Home Buyer Loans Cost in Phoenix
First-time buyer programs vary in cost. Some have low rates but require mortgage insurance. Others have slightly higher rates but help with closing costs. I shop dozens of lenders to find the lowest combined cost for your specific scenario. Every fee in writing before closing.
Why Choose Us
First-time buyers are some of my favorite clients. I take extra time to walk you through every step. Ten years in the business and 60-plus five-star reviews, many from first-time buyers. Same-day response on every call and text. You're in good hands.
Consolidated our loans into one and result was a lower monthly rate. Worked out great for us.
Mark was very professional and fully understood his products and my needs. I had several questions and his follow-up was great. I would recommend him and your company for financial needs.
I have worked with Mark Fazio for years I would highly recommend him to be your loan officer whether you are purchasing or refinancing your home. He is very quick to respond and make sure his clients are taken care of. He will make sure you feel like you picked the right person to work with for your loan. Thanks Mark for being so awesome to work with!
Ready to Get Started?
Ready to buy your first home? Call or text Mark at (480) 690-9790 for a free pre-approval today.
For more first-time buyer programs, see all of our Mortgage Broker options in Phoenix.
Reviewed by
Mark Fazio, Licensed Mortgage Loan Officer
NMLS #1455718 · Barrett Financial Group (NMLS #181106) · Phoenix, AZ
Mark Fazio is a Phoenix mortgage broker with Barrett Financial Group (NMLS #1455718) with 10+ years of experience and over 1,000 home loans closed. He shops dozens of lenders to find the lowest rate on purchase, refinance, and specialty loans, and personally guides every client from the first call through closing.