First-time homebuyers may qualify for mortgages that offer low down payments, lenient credit score requirements or other ...

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

Best mortgage lenders Best for applying online ... Flagstar Bank's Gift Program provides eligible first-time buyers with up to 3% of their purchase price for a down payment or closing costs ...

For first-time buyers, the current economic climate ... and will also help you to avoid applying for a mortgage that you can't afford, and in that case a rejection. Once you have found the right ...

Buying a home for the first time requires a great amount of financial planning. Here are some important financial planning ...

Eligible buyers can get a deferred loan up to $25,000. First-generation homebuyers can now apply for down payment ... The loan functions as a second mortgage with no monthly payments or interest.