Purchase

RedHouse › Opciones de préstamo › First-time home buyer

First-time home buyer

The programs, grants, and education that make a first purchase possible, in one place.

Pida una cotización
Foto: Adobe Stock (free collection) · Adobe Stock standard license · asset 505006284 · licensed 2026-09-06 under the Chris Does Photos account

Nota: Página en español pendiente: esta página se publicará en español después de la revisión de un oficial de préstamo bilingüe. A continuación se muestra la versión en inglés.

Who it's for

Anyone who hasn't owned a home in the last three years. That includes many people who've owned before.

How it works

  1. We start with a pre-approval so you know your price range before you shop.
  2. We check every down payment assistance program you qualify for, including state and local programs where available.
  3. Many programs require a short homebuyer education course; we'll tell you which one and how to take it online.

What you'll need

  • A conversation. Most first-time buyers are closer than they think.
  • Pay stubs, two years of W-2s, and two months of bank statements
  • A credit report we pull once, with your permission
De nuestros oficiales de préstamo

I start with budget first. We want to find something that works for your cash flow and doesn't stress you, a home that helps your long-term goals instead of hurting them.

Then I walk you through the three big numbers on any quote: the down payment, the cash to close, and the loan amount. Whether you work with me or someone else, those three let you compare apples to apples and see where the numbers come from. Then we bring it back to your budget and your monthly cash flow, and see what you can actually afford.

— Travis Pattengale, Loan Officer · NMLS 2847445

Common questions

How much do I need saved?

It depends on the program and the price. Between assistance programs, seller-paid closing costs, and gift funds, many first-time buyers close with far less cash than they expected. We'll show you the real number.

Does a pre-approval hurt my credit?

One mortgage inquiry has a small, temporary effect. Multiple mortgage inquiries within a short window count as one.

Por diseño, esta página no muestra tasas, APR, pagos ni porcentajes de pago inicial. Esas cifras solo se publican con la divulgación completa exigida por la Regulación Z.