First Time Homebuyer Resources

Happy Labor Day to all!

Despite our momentum the past month was challenging. Our service mark for Pythia was in danger of being cancelled until just a few days ago. I hadn’t realized how important this project has become and what it might mean to our longevity until we were at risk of losing it.

Six years later… we will continue to chip, or chop away at this project until we have a minimum viable product to release. We do not yet have a release date, but if you would like to join our group of 100 early adopters you can sign up here.

We will enjoy the long weekend but I would like to share a not yet exhaustive list of resources for first time homebuyers. We will continue to update this post with more resources moving forward.

U.S. Department of Housing and Urban Development (HUD) – Federal Housing Administration (FHA)

New Jersey Housing and Mortgage Finance Agency (NJHMFA)

NYC Housing Preservation and Development HomeFirst Down Payment Assistance Program

Fannie Mae HomeReady Mortgage

Freddie Mac HomePossible Mortgage

U.S. Department of Agriculture Single Family Housing Programs

U.S. Department of Veterans Affairs (VA) Housing Assistance

My Home by Freddie Mac

HUD Good Neighbor Next Door (GNND) Program

National Homebuyers Fund, Inc. (NHF)

Neighborhood Assistance Corporation of America (NACA)

Consumer Financial Protection Bureau (CFPB)- Key Terms

In addition to the above resources many banks and lenders have similar programs to assist FTHB in making the leap into ownership.

Having and executing a financial plan may be the difference between knowing what kind of home to target and simply hoping for the best. Use our worksheets or contact me directly to start a conversation.

Happy J’ouvert!