Bron Realty Group - Michel Bron
- May 25, 2018
Who qualifies to be a First-Time Homebuyer?
If you've never owned a home, you are considered a first-time homebuyer. But you are allowed to be a previous homeowner and still qualify as a first-time homebuyer. According to the FHA, you can do so if you have not been an owner in a primary residence for at least three years leading up to your purchase. The Federal Housing Administration has provided government insurance for home mortgage loans since the Great Depression in the 1930s. While FHA-insured loans are not exclus
