Faq First Home Buyers Instant

Budget 2–5% of the purchase price for closing costs (taxes, legal fees, appraisals). 🏛️ 2026 Grants & Assistance Programs

Buying your first home involves navigating complex financial requirements, government programs, and a multi-step legal process. For 2026, the market is expected to be more balanced, with stable price growth and increased inventory, making it a strategic time for prepared buyers. Financial Fundamentals faq first home buyers

While 20% avoids Private Mortgage Insurance (PMI), many programs allow as little as 3% (Conventional) or 3.5% (FHA). Budget 2–5% of the purchase price for closing