First-Time Homebuyer Loan
We make it easy with a downpayment as low as 3%!
We know buying your first home isn’t easy… but it is achievable! First-time homebuyers are up against much more than ever before. Between student loans, saving for a down payment, and building your credit, purchasing a house may seem out of reach. But GTE is here to help!
Our First-Time Homebuyer loan is a fixed rate mortgage offered to buyers who looking to purchase their first home. This fixed rate mortgage allows for 97% financing, as little as 3% down. It is ideal if you are looking to put a small down payment and have the same rate for the full term of the loan.
With a lower down payment and a stable fixed rate, this is a great option for those looking for their first home.
No down payment?
If you are in the market but don't have money for a down payment, we offer a Zero Down home loan for first-time home buyers.
Explore Other Great Home Loans for First-Time Homebuyers
Want to shop around first? Learn about the different home loans we have available for first-time homebuyers.
GTE has a number of options to find a home loan that fits your needs. Whether you are looking for the long-term stability of a Fixed Rate Loan, the low down-payment of an FHA loan, or a low monthly mortgage with an Adjustable Rate Mortgage, GTE is here to help you make the right decision for your financial situation!
- FHA Loans – Great for those that may not have much saved for a down payment
- Fixed Rate Loans – Your rate will stay the same for the full term of your loan
- Adjustable Rate Mortgage (ARM) – May offer a lower APR at the beginning of the loan