As a first time home buyer, you should first be aware of your financial standing, and then try to find the mortgage lenders that best fit your needs. Here’s a list of the top 10 mortgage lenders that have continuously provided good services to first time home buyers over the years.
The guide’s written for first-time buyers and tells you all you need to know about getting a mortgage on your first home. If you’re saving for a deposit, then getting a Help to Buy ISA is a no-brainer for you. Also see our Q&A on Lifetime ISAs – that launched in April 2017, they’re aimed at helping under 40s save for their first home or for retirement.
Attention is on first-time buyers The mortgage and real. After the housing crisis, lawmakers required mortgage lenders to assess borrowers’ ability to repay. The regulatory changes made it harder.
· Robert McLister is a mortgage planner at intelliMortgage and founder of RateSpy. You can follow him on Twitter at @RateSpy. Answer from Walter Melanson, lead analyst at PropertyGuys.com: Determining the mortgage that works best for you can be overwhelming-especially when you are doing this all for the first time.