First-Time Buyers
Find your footing with guidance and financing options for your very first home.
First-time buyers can choose from several loan programs. Rather than one specific loan, this is guidance to help you compare options and understand the homebuying process.
Potential benefits
- Compare conventional, FHA, VA, and USDA options side by side.
- Understand down payment, closing costs, and monthly payment considerations.
- Learn about possible down payment assistance programs where available.
General eligibility considerations
- Eligibility depends on the specific loan program you choose.
- Some assistance programs define “first-time buyer” in their own way.
- Income, credit, and property requirements vary.
Important limitations
- Assistance programs have limited funding and their own requirements.
- Some programs may carry income limits or occupancy commitments.
- Not every program is available in every area.
Common questions
Who counts as a first-time buyer?
Definitions vary by program. Some consider anyone who has not owned a home in a recent period to be a first-time buyer.
Where should I start?
A conversation with a loan expert about your goals, budget, and timeline is a good first step before you begin home shopping.
Is First-Time Buyer right for you?
Every situation is different. Book a no-pressure consultation and a licensed loan expert will review your goals and walk through the options that may fit.
Program descriptions are general information, not a loan offer or commitment to lend. Eligibility, rates, fees, and terms depend on your circumstances and lender requirements and are subject to change. Not all applicants will qualify.
From first call
to closing day.
Your BridgePoint loan expert walks you through every step, so you always know what is done, what is next, and what you will need.
Tell us your goals
Buying your first home, growing your portfolio, or putting equity to work. We start with you.
Explore your options
Get clear guidance on the programs and possibilities that fit your financial picture.
Move forward with confidence
Your dedicated team stays by your side through the details, decisions, and closing.
Other programs to compare
Conventional Loans
Flexible financing options for purchasing or refinancing your home.
FHA Loans
Government-insured financing with flexible down payment and credit requirements.
VA Loans
Home financing benefits for eligible military members, veterans, and qualifying spouses.
Jumbo Loans
Financing for homes that call for a loan above the standard conforming loan limits.
Seller-Paid Buydown
Learn how a seller contribution may temporarily reduce your mortgage payments.
Rehab & Renovation
Explore financing that brings your home purchase and eligible improvements together.
USDA Loans
Government-backed financing for eligible homes in qualifying rural and suburban areas.
Let’s Build What’s Next
Whether you’re buying your first home, making your next move, or refinancing, we’re here to help you move forward with clarity and confidence.