· FICO credit scores range between 300 and 850. For everyone on the lower end of that spectrum, there’s still home-buying hope. Government and non-government loans have come with their own minimum.Buyers home time 1st For Help – simple-as-123.net – home buyer helps-time homebuyer programs texas mortgage interest rate New Buyers Program First time home buyer discount Becoming a first-time home buyer can be overwhelming. Try these 17 tips to make saving for, finding and buying your dream home a breeze.
People taking out a 15-year FHA mortgage won’t save on the upfront mortgage insurance premium, but they will save money on the annual premiums. Mortgage insurance for a 3.5% down purchase is 85 basis points (.85%) for a 30-year mortgage, but 70 basis points (.70%) for a 15-year mortgage.