First-Time Home Buyer Guide

Got questions? No worries.

At US Lending we are here to help you through every step of the process.  Our experienced loan officers work with you to assess your home-buying goals & discuss your home loan options. There are many programs tailored for first-time home buyers and we have the resources to get you started on this exciting journey.

In this First-Time Home Buyer Guide, we will cover:

  • First Time Buyer Resources – some free downloads with loads of helpful information.
  • First Mortgage Programs– We’ll highlight some of the several programs to serve first-time home buyers.

Let’s start with the Definition of a First-Time Home Buyer

If you have never owned a home, is the obvious definition of a first-time home buyer. That’s not the only way you can qualify for these benefits – in California at least.

According to the California Housing Finance Agency (CalHFA), you can also qualify as a first-time home buyer if you have not owned and occupied your own home in the last 3 years.

Get your FREE Loan Process Homebuyer Packet!
Complimentary Homebuyer Packet 2021 p1

Fill out the mini-form below for your free download!

This useful and informative PDF covers many parts of the loan process in one convenient package for you. Fill out the quick form for the FREE Download.

Start with a loan process road map that lays out each of the steps on your journey. Next, you will learn about the most important “Dos and Don’ts” of the loan process. It goes on to cover mortgage terms and offers helpful tips on improving and understanding your credit score. And more…!

Resources for First Time Home Buyers

There are several programs designed to help first-time home buyers. We can help you find one that fits your situation.

The Freddie Mac Down Payment Assistance program is one example.

Fill out the short mini-form and get this free flyer.


Get the Freddie Mac Down Payment Assistance Flyer!

Fill out the mini-form below for your free download!


First-time home buyers often need to look at home loan programs that require a smaller down payment. Some of these programs allow borrowers to purchase a home with as little as 3% down.

First Mortgages

(Mobile users: TAP to flip)

First Mortgage Programs

CalPLUS Conventional:  A conventional loan with a slightly higher fixed rate, but combined with the Zero Interest Program for closing costs.

FHA:  An FHA-insured loan with a fixed rate.

CalPLUS FHA:  An FHA-insured loan with a slightly higher fixed rate, but combined with the Zero Interest Program for closing costs.

Down Payment Assistance

(Mobile users: TAP to flip)

Down Payment Assistance

MyHome Assistance Program:  A deferred-payment down payment loan that can be up to 3.5% of the purchase price.

Extra Credit Teacher Home Purchase Program:  A deferred-payment down payment loan for teachers, administrators, & anyone else working for a California public school.

Payments on these programs can be deferred until the home is sold, refinanced, or the mortgage is paid in full.

Specialty Loan Programs

(Mobile users: TAP to flip)

Specialty Loan Programs

Keys on Time: Get pre-approved & shop for a home with confidence knowing you have preliminary approved financing. It will help you to beat out other bidders, as a seller knows you have already been pre-approved for financing & can close promptly.

Lock and Buy: Lock in your interest rate before you have a purchase contract to be protected against rising interest rates. (Certain fees may apply.)

To learn more about these options contact us!

You’ve got this!

And we’ve got you.

As a first-time home buyer with US Lending Company, you have the resources you need. And a team of professional Loan Officers ready to help you find a pathway to homeownership.

Or simply fill out the short contact form on this page. We will be in touch to schedule a free, no-obligation call or meeting at your convenience.

For even more information visit our First Time Buyers page and Loan Options page.

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