The government gave its first relief to first-time home buyer, so let's do an update on every first-time buyer program working through Congress. This video reviews the nine first-time home buyer programs on Capital Hill and provides an outlook for when they'll pass into law. From the Biden $15,000 First-Time Home Buyer Tax Credit to the Small Dollar Mortgage Program, we've covered it all for you.
More first-time home buyer program information:
First-Time Homebuyer Tax Credit Act: https://homebuyer.com/learn/15000-first-time-home-buyer-tax-credit
Downpayment Toward Equity Act: https://homebuyer.com/learn/25000-first-time-home-buyer-downpayment-grant
LIFT Act: https://homebuyer.com/learn/lift-act
You don't need to make a 20% downpayment: https://homebuyer.com/learn/low-down-payment-mortgage
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Get a Mortgage Pre-Approval in 3 Minutes: https://homebuyer.com/fast?358
TIMESTAMPS
0:00 Intro
1:51 What Is A First-Time Home Buyer?
2:36 The FHFA First-Time Home Buyer Mortgage Rate Discount
3:28 The $15,000 First-Time Home Buyer Tax Credit Act
4:19 The DASH Act
4:46 The $25,000 Downpayment Toward Equity Act
5:45 The Housing Is Infrastructure Act
6:23 The Uplifting First-Time Home Buyer Act
7:09 The LIFT Act
8:00 The Transforming Student Debt Into Home Equity Act
8:50 The Build Back Better Act
9:21 Outro
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Homebuyer.com is a mortgage company, backed by a federal mortgage lending license. We are a lender, not a mortgage marketplace. This channel gives straight-forward advice about mortgages, real estate, and how to buy your first home. We cover important topics for renters and other first-time buyers including how to get your mortgage approved, where to use low- and no-down payment mortgages, and how to find federal, state, and local programs that gives tax credits and cash grants to first-time home buyers.
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