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Buying your first home can be an intimidating and expensive process. That’s why the federal and Ohio state governments have created loan and mortgage programs specifically for first-time homebuyers.No matter what your financial situation, they can make homeownership both.
Large Down Payment. As a first-time home buyer with bad credit, you may have to come up with a larger down payment than you would ordinarily be required to make. A large down payment limits the amount of risk that the lender has to take on. The lender may require you to make a.
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steps to qualify for a home loan Fortunately, you can narrow down your option if you follow some simple steps. Simmons, whose company maintains. In addition, a robust credit score is key to qualifying for a mortgage and earning a.