I'm buying my first home

Get information and tools for beginners. Q&A for first-time home buyers: What can I afford to buy? Each buyer is unique and we'll help you find out just what you can afford. Your income and your debts will typically play the biggest roles in determining your price range. It's simple to make an estimate, just run the numbers for yourself using our Affordability Calculator. Do I have enough money to buy my first home? We offer a range of mortgage programs, and we'll help you determine which can work for you – some of our loans require little money down. You'll also need to consider closing costs and the escrow account for taxes and insurance. But don't get overwhelmed: it's a snap to figure out how much money you'll need, using our handy Affordability Calculator. What about my less-than-perfect credit report? Our special solutions program can help: We offer loan options ideal for those who have a few "dings" on their credit report. We try to work with every customer to develop an individual mortgage program - we call it your personalized rate, because no two are alike. So we try to develop a custom program based on your credit worthiness. What's the best loan program for me? That depends on a number of factors, including: How long you'll stay in the home; How much money you'll put down; How you'll finance the closing costs. For information on the loan programs and rates available, visit the Mortage Center tab on the left. What are the tax benefits to owning a home? You may be able to deduct the interest you pay on the mortgage loan and some of the financing costs of the home, such as points. And your property taxes could be deductible. You should consult your tax advisor for more information. If you're renting right now, you may want to take a look at our Rent vs. Buy Calculator. What can I expect after I become a homeowner? Besides unpacking boxes? You can expect that we'll continue to provide first-rate support and service. Go online anytime to monitor your loan activity, like principal, escrow, and taxes. And of course, we're always here to help: contact us by email or by phone.