First-time Homebuyer | First Heritage Mortgage

02 2020 January

What Areas Qualify for a USDA Loan?

Life in the city isn’t for everybody. Whether it’s the crowds, the noise, or just a personal choice, many homebuyers choose to settle outside of...

07 2019 November

Maryland Mortgage Program: What You Should Know

So you want to purchase a home in Maryland. Congratulations! Becoming a homeowner can mean greater stability, more control over how you live, a stronger...

10 2019 September

NC Home Advantage Mortgage: What You Need to Know

For both first-time homebuyers and move-up buyers in North Carolina, the North Carolina Housing Finance Agency (NCHFA) is a fantastic option that offers stable, fixed-rate...

04 2019 September

What Are Mortgage Closing Costs?

When considering the out-of-pocket expenses needed to purchase a home, a common misconception is that you will only need to cover the down payment. Many...

23 2019 August

What is a Non-Qualified Mortgage?

As you work your way through the home buying process, you’ll begin to realize that mortgage lenders typically have a set of requirements in order...

21 2019 August

VHDA Announces Increased Income and Sales Price Limits

Exciting news for first-time homebuyers in Virginia: the Virginia Housing Development Authority (VHDA) has announced higher income and sales price/loan limits. The changes will take...

01 2019 August

Who Qualifies for a VHDA Loan?

Who Qualifies for a VHDA Loan? Purchasing a home is a big life achievement for many people. That’s because it takes plenty of time and...

20 2019 July

7 Reasons Your Mortgage Was Declined

Being told that your mortgage was declined can leave you feeling disheartened. While it may be frustrating, it can be an important learning experience for...

13 2019 June

5 Reasons You Need to Talk Your Lender First

Before beginning the home search, talking with a lender is a crucial move. Not only will you know the exact amount of home you can...