Our First-Time Homeownership Program

Our Programs.

First Home Realty and Mortgage Pros specializes in working with First Time Homebuyers, placing them into homes with the same monthly payment that they are currently paying in rent.... with No Down Payment !  Mortgage Pros, a mortgage lender,  will approve you for up to 100 percent financing and special programs that provide  down payment and closing costs assistance. Our program works with ANY home for sale, not just ours available at this web site! Back to Top

Do I qualify?

In order to qualify, an applicant needs two years of consistent employment,  satisfactory credit or no credit at all.  Generally, satisfactory credit is defined as no late payments within the last 12 months and no collections or judgments.  Although, if the collection(s) are over one year, generally they can be paid off prior to or at closing.  To qualify as a first time home buyer an applicant usually cannot own real estate at the time of application.  Our loan officers/realtors will analyze your income and expenses in order to determine how much house you can afford.  You can start the approval process by submitting your information. Back to Top

Our Steps to Home Ownership

Step 1: Submit your information at the "Get Qualified" link. A loan officer will call you.  Arrange to fax or bring in your W2's & tax returns for the past two years and recent pay stubs for the last month.  

Step 2:  Upon approval, a Realtor from our office will be assigned to you and will email you a list of properties that fit your budget.  When you find a home that you are interested in, call your Realtor to arrange an appointment to tour the home.  Remember, our program works with any home for sale, not just the homes available on our web sight. 

Step 3  Once a home is found, your realtor will negotiate a contract to work with the first time home ownership program that you have been approved for. Once the contract is accepted a check for $500.00 is required to reserve that property.  This money will be applied towards your Homeowners Insurance at closing (when you purchase the house). The time between contract and closing (purchase) will be approximately 30 days, sometimes less.  The $500.00 will be refunded if the financing falls through.