When it comes to owning your first home, the achievement itself can be financially overwhelming for most first-time buyers. Thankfully there are sources of financial aid available to help make homeownership possible! To add to that, those who buy their very first home are not the only ones that can qualify to receive aid; individuals who have owned a home before also have the opportunity to take advantage of first home buyer perks when they meet the criteria of becoming a first home buyer.

 First-Time Buyer Criteria

• Anyone who has not owned a home in the past three years

• If one spouse is or was a homeowner and the other has not owned a home before, the couple then qualifies as a first-time buyer.

• A single parent that has only owned a home with a former spouse.

• Displaced homemakers (individuals that have provided unpaid household services for family members for a significant period)

• Anyone who lives in a non-permanent home, such as an RV

If you resonate with any of the following criteria, you could qualify for first home buyer financial assistance! Explore the benefits of homeownership as a first-time buyer with The American Dream. We aim to help you make achieving your dream home possible. Contact one of our agents for more information about how we can help you achieve your dream home!