First-time homebuyers face unique challenges when seeking mortgage financing. These national lenders offer specialized programs, competitive rates, and dedicated support for new homebuyers. Listed in alphabetical order.
1. Bank of America
HomeReady program with 3% down payment options, down payment assistance programs, and first-time homebuyer credit up to $7,500. Visit.
2. Caliber Home Loans
FHA and conventional loans with down payments as low as 3%, educational resources, and dedicated loan consultants for first-timers. Visit.
3. Fairway Independent Mortgage
Comprehensive first-time buyer programs, including FHA loans, VA loans, and state-specific down payment assistance options. Visit.
4. Guild Mortgage
Specialized programs for buyers with student loan debt, 3-2-1 home program with only 3% down, and extensive down payment assistance options. Visit.
5. Guaranteed Rate
Digital-first platform with FHA loans and conventional mortgages requiring as little as 3% down, plus responsive customer service. Visit.
6. Rocket Mortgage
User-friendly digital platform, Fresh Start program for credit improvement, and multiple low down payment options starting at 3%. Visit.
7. U.S. Bank
American Dream program with 3% down payment, no private mortgage insurance requirement, and closing cost assistance options. Visit.
8. Wells Fargo
DreaMaker program offering low down payments, optional homebuyer education discounts, and down payment assistance programs. Visit.