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Best 1St Time Home Buyer Loans It’s also important as a first-time homebuyer to understand all the mistakes commonly made during the process and learn ways to avoid making them. 5 Common Mistakes Homebuyers Make. First-time homebuyers can make a few mistakes during the home-buying process. It’s no wonder. It’s their first home-buying experience.
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First Time Home Buyer Down Payment Loan Missouri (MO) First-Time Home Buyer Programs for 2019. – The FHA loan program is one of the most popular first-time homebuyer programs in Missouri. Backed by the Federal Housing Administration (FHA), FHA loans are distributed by local, third-party lenders throughout the state. They come with lower interest rates, but the biggest benefit is a low down payment requirement.
A first-time buyer is someone who has not owned a home within the previous three years. Married couples are first-time buyers if either spouse meets the test.
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