Why Pay Rent When You Could Own?
There's never been a better time to buy a home! For possibly for the same monthly rent payment, you may be able to invest in a home of your own. We have a variety of home mortgage loan options and our U.S. Bank Home Mortgage Loan Officers are ready to help you analyze them.
Start your mortgage approval process now.
First Time Homebuyer Tax Credit
As a first time homebuyer, you may be eligible for up to an $8,000 government tax credit if you meet the eligibility requirements outlined in the
American Reinvestment and Recovery Act of 2009. Learn more.
You Can Still Buy a Home with Minimal or No Down Payment
First time homebuyers represent about 35% of today's home purchasers, and the majority of these buyers select a government FHA (Federal Housing Administration) -insured mortgage. This type of mortgage features:
- Minimum down payment requirements
- Flexibility in qualifying for a mortgage (FHA may work in conjunction with other programs available in your community)
U.S. Bank is a direct-endorsed FHA lender with experienced home mortgage experts available to help you throughout the application process.
The First Step: Mortgage Pre-Qualification
When you contact a U.S. Bank Mortgage Loan Officer to discuss your homeownership goals, you may decide to become pre-qualified. This may help you determine the amount of the home mortgage loan for which you qualify and may be very helpful as you start your search for a new home.
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