First-Time Home Buyer Loans
Buying your first home shouldn't feel like decoding a foreign language. We'll walk you through every step — from pre-qualification to keys in hand — with loan options built for first-time buyers.
Benefits
Why first-time buyers choose Mable
Low-down-payment options
Several first-time buyer programs are designed to get you into a home with a smaller upfront investment than you might expect.
Guidance at every step
A dedicated loan officer explains each milestone in plain language, so you always know what's next and why.
Pre-qualification in minutes
See what you may qualify for before you tour homes — so you shop with confidence and a clear budget.
Help with assistance programs
We'll help you explore down-payment and closing-cost assistance you may be eligible for in your area.
Good fit?
Is a first-time buyer loan right for you?
Not sure if this is the right program? Get a free quote and a loan officer will help you compare your options.
Start my free quote- You've never owned a home — or haven't owned one in the last several years
- You want to understand your buying power before you start house hunting
- You're weighing how much to put down and which loan type fits your budget
- You'd rather have someone explain the process than figure it out alone
The process
How it works
Get pre-qualified
Answer a few questions online to see your estimated buying power — it only takes a few minutes.
Talk through your options
Your loan officer compares programs and helps you choose the right fit for your goals and budget.
Shop with confidence
Make offers backed by a pre-qualification letter that sellers take seriously.
Close on your home
We coordinate the details and keep you informed all the way to the closing table.
Questions
Frequently asked questions
What counts as a first-time home buyer?
Many programs define a first-time buyer as someone who hasn't owned a primary residence in the past several years — not strictly someone who has never owned a home. We'll help you confirm which programs you qualify for.
How much do I need for a down payment?
It depends on the loan program you choose. Several options are designed specifically to lower the upfront cash required for first-time buyers, and we'll walk you through the trade-offs of each.
Do I need perfect credit to buy my first home?
No. Different loan programs have different credit guidelines, and some are more flexible than others. The best first step is to get pre-qualified so we can match you to the right option.
What is mortgage pre-qualification?
Pre-qualification is an early estimate of how much you may be able to borrow, based on information you provide. It helps you set a realistic budget and shows sellers you're a serious buyer.
Can I get help with closing costs?
Possibly. Depending on your location and eligibility, there may be assistance programs for down payment and closing costs. We'll help you explore what's available to you.
Ready to get started?
Get your personalized quote in a few minutes — no obligation, no impact to your credit to start. A loan officer will help you take it from there.