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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

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With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. Source: (LinkedIn Sales Solutions / Unsplash). This loan backed by the Federal Housing Administration is ideal for those with low savings or a just-OK credit score. Step 1: Make sure you qualify.

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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. Here’s a quick breakdown: Loan type. Buyers with strong credit and qualifications.