Strategies and Loan Options for First-Time Homebuyers

Home prices ↑ 30.7% in just 2-yrs, making it difficult for many to afford a mortgage.
There are ways to save on a mortgage, including loan programs
Loan programs that allow for lower monthly payments can make homeownership more attainable.
Adjustable rate mortgages (ARMs) can offer lower monthly payments during the initial fixed-rate period.