First Time Homebuyer - HUD Exchange · 2019-09-25 · FIRST TIME 0033 Understand your credit score...

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FIRST TIME Understand your credit score 03 03 Choose from affordable mortgage optons 05 05 02 02 Discover how much house you can afford Housing counseling leads to positve results by reducing mortgage delinquency up to 50%. Buying your first home can be overwhelming. Housing counseling can help you individualize your home buying optons, empowering you to make informed decisions and significantly improve your home buying success. Housing counseling will help you determine what you can afford and teach you how to sustain your home for the long term. 04 04 Save for a down payment In FY 2018, 84,397 households vs. purchased housing afer receiving homebuying counseling services from HUD approved housing counselors -------------------- FIRST TIME HOMEBUYER COUNSELING WORKS First-tme buyers finance more of their home than repeat buyers 84% Repeat Buyers 93% First Time Buyers Source: Natonal Associaton of Realtors Profile of Home Buyers and Sellers - htps://www.nar.realtor/research-and-statstcs/research-reports/highlights-from-the-profile-ofome-buyers-and-sellers First-tme buyers made up 33% of all home buyers in TOP 5 BENEFITS OF FIRST TIME HOMEBUYER COUNSELING DID YOU KNOW? HOMEBUYER 2018, down from 34% in 2017 Determine if homeownership is 01 right for you

Transcript of First Time Homebuyer - HUD Exchange · 2019-09-25 · FIRST TIME 0033 Understand your credit score...

Page 1: First Time Homebuyer - HUD Exchange · 2019-09-25 · FIRST TIME 0033 Understand your credit score Choose from affordable 05 mortgage opions 0022 Discover how much house you can

FIRST TIME

Understand your credit score0303

Choose from affordable mortgage options0505

0202 Discover how much house you can afford

Housing counseling leads to positive results by reducing mortgage delinquency up to 50%.

Buying your first home can be overwhelming. Housing counseling can help you individualize your home buying options, empowering you to make informed decisions and significantly improve your home buying success.

Housing counseling will help you determine what you can afford and teach you how to sustain your home for the long term.

0404 Save for a down payment

In FY 2018,

84,397households

vs.

purchased housing after receiving homebuying counseling services from HUD approved housing counselors

--------------------FIRST TIME HOMEBUYER COUNSELING WORKS

First-time buyers finance more of their home than repeat buyers

84% Repeat Buyers

93% First Time

Buyers

Source: National Association of Realtors Profile of Home Buyers and Sellers -https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-ofhome-buyers-and-sellers

First-time buyers made up 33% of all home buyers in

TOP 5 BENEFITS OF FIRST TIME HOMEBUYER COUNSELING

DID YOU KNOW?

HOMEBUYER

2018, down from 34% in 2017 Determine if homeownership is0011 right for you