First Time Home Buyer More than Once?
Yes, you can become a first time home buyer again and again! How? Most banks consider a first time homebuyer to be someone who has not owned a home in the past 3 years. As a result, people that have owned a home previously can qualify for first time home buyer benefits in most cases.
There are even some down payment assistance programs that don't require you to be a first time home buyer to benefit from their programs.
Even if you helped a family member purchase their home and you were only a co-signer, you could be considered a first time home buyer in the eyes of most banks. You just need to show a few key documents to satisfy their requirements. If you'd like to know more, simply reach out and we can give you a free consultation on how to go about it.
There are even some down payment assistance programs that don't require you to be a first time home buyer to benefit from their programs.
Even if you helped a family member purchase their home and you were only a co-signer, you could be considered a first time home buyer in the eyes of most banks. You just need to show a few key documents to satisfy their requirements. If you'd like to know more, simply reach out and we can give you a free consultation on how to go about it.