– Mortgage Loan Options for First-time Buyers. First-time homebuyers may want to consider choosing a loan program specifically designed to help get you into a home with a smaller down payment. Many first-time buyers are interested in loan options that allow them to purchase a home with 3.5% down, such as FHA or fannie mae loans. FHA Loans. FHA loans help first-time buyers purchase homes by offering government insured loans with more lenient qualifying guidelines such as lower down payment.
First Time Buyer Program Texas 5 Tips for the First-Time Homebuyer in Houston – From the first time you think about what. things about living in the state of Texas is that there’s no state income tax. But the state still needs to have tax revenues to help maintain roads, run.