First Time Homebuyer Programs

Taking the first step toward homeownership is an exciting milestone, but it can also feel overwhelming. At BMC, we’re here to simplify the process and help first-time buyers achieve their dreams of owning a home. With special programs designed just for first-time buyers and access to Down Payment Assistance programs, we make homeownership more accessible than ever.

Why Choose a First-Time Homebuyer Program?

​First-time homebuyer programs are designed to help you overcome common hurdles, such as saving for a down payment or meeting credit requirements. These programs often include:​

  • Lower down payment options

  • Flexible credit guidelines

  • Financial assistance to reduce upfront costs

  • Conventional Loans

    Conventional loans for first-time buyers often feature reduced down payment options, making it possible to secure financing with as little as 3% down.

  • FHA Loans

    With a low down payment requirement and more lenient credit standards, FHA loans are a popular choice for first-time buyers. They make it easier to get into your first home without breaking the bank.

  • VA Loans

    If you’re a veteran or active-duty military member, VA loans offer the opportunity to buy a home with no down payment and no private mortgage insurance (PMI).

  • USDA Loans

    For buyers in rural or suburban areas, USDA loans provide 100% financing with no down payment required.

Down Payment Assistance Programs

One of the biggest challenges for first-time buyers is saving for a down payment. That’s why we offer access to Down Payment Assistance (DPA) programs, which can help reduce or eliminate the upfront costs of buying a home. These programs may provide:

  • Grants or forgivable loans for down payments

  • Assistance with closing costs

  • Flexible qualification requirements

Our team will work with you to identify and apply for the assistance programs you’re eligible for, ensuring you have the support you need to get started.

How BMC Supports First-Time Buyers

At BMC, we go beyond offering loan programs. We provide personalized guidance and education throughout your homebuying journey, so you feel confident in every decision. From pre-approval to closing, we’ll be by your side to ensure a smooth and successful experience.

Let’s make your homeownership dream a reality.

Don’t let barriers hold you back from owning your first home. Contact BMC today to learn more about our first-time homebuyer programs and start your journey toward homeownership with confidence.