Your first home is closer than you think.
First-time buyer programs exist to make homeownership reachable, with lower down payments, flexible credit, and real down payment help. This is exactly what Ky spends his time on, and he will not rush you.
No SSN required. Zero impact to credit. Your information is never sold.
Programs designed to make your first purchase possible
First-time buyer programs offer real advantages: lower down payment requirements, flexible credit standards, and access to down payment assistance. Whether you buy with as little as 0 to 3% down or use government-backed financing, there are options built specifically for a first purchase.
Here is a fact most people do not know: you may count as a first-time buyer even if you have owned before. If you have not owned a home in the past three years, you typically qualify. Ky will walk you from pre-qualification to closing and translate every step along the way.
- ✓ Down payment options as low as 0 to 3% depending on the program
- ✓ Flexible credit requirements built for first-time buyers
- ✓ Access to down payment assistance in Minnesota
- ✓ A guide who explains the jargon instead of talking over you
The first-time buyer loans process
Four steps, explained in plain English at every one.
Get pre-qualified
Understand your real budget and strengthen your offer before you shop.
Review your options
Ky lays out the loan programs and any down payment assistance you may qualify for.
Find your home
Work with a real estate agent to find a home that fits your budget and your life.
Apply and close
Submit your application and close on your first home, usually within 30 to 45 days.
No credit pull. No obligation.
Do I qualify? Probably sooner than you think.
Requirements vary by program, but most look at the same things: a credit score around 580 to 620 or higher depending on the loan, steady employment, income that supports the payment, and a down payment anywhere from 0 to 20%. FHA may accept scores as low as 580, conventional usually wants 620 or higher, and VA and USDA offer zero-down options for eligible buyers.
Student loans do not automatically disqualify you, and neither does a thin credit history. Not sure where you stand? That is the whole reason Ky is here. He will review your profile and show you what is realistic, subject to credit approval.
First-Time Home Buyer Loan Qualifier
Check your eligibility in one minute. No SSN, no credit pull, no pressure.
Takes about a minute.
Why first-time buyers work with Ky
Low down payments
As little as 0 to 3% down through VA, USDA, Conventional 97, and FHA.
Flexible credit
Programs for a range of credit profiles, including limited credit history.
Down payment assistance
Minnesota grants and low-interest programs that help with down payment and closing costs.
FHA, VA and USDA
Government-backed loans with competitive rates and friendly terms.
A patient guide
Ky answers questions at your pace, with no pressure to move faster than you want.
Real education
You will understand each step, so you make the call with confidence, not confusion.
Common questions about first-time buyer loans
Have one that's not here? Just reach out.
How much do I need for a down payment?
It varies by loan type. You may qualify for as little as 0% down with VA or USDA loans if eligible, 3% down with Conventional 97, or 3.5% with FHA. A larger down payment can lower your monthly payment and your mortgage insurance, but it is not required to start.
What credit score do I need to buy a home?
Minimums vary. FHA may accept scores as low as 580, while conventional loans typically want 620 or higher. If your score needs work, Ky can point you at what actually moves it before you apply.
What is PMI and how can I avoid it?
Private mortgage insurance applies to conventional loans with less than 20% down. You can avoid it with 20% down, a VA loan if you are eligible, or certain lender-paid options where the cost is built into the rate.
Can I buy a home with student loan debt?
Yes. Student loans count toward your debt-to-income ratio but do not automatically disqualify you. Plenty of first-time buyers purchase while managing student debt. It is about the whole picture, not one number.
What is down payment assistance and how do I qualify?
These are grants or forgivable loans that help cover your down payment and closing costs, offered by state and local housing agencies. They usually have income limits, price caps, and sometimes a homebuyer education course. Ky can identify programs available in Minnesota.
How long does it take to buy a home?
From accepted offer to closing usually takes 30 to 45 days. House hunting varies with the market. Getting pre-qualified first speeds everything up and shows sellers you are serious.
Let's make your first home real.
Get a no-cost quote and honest guidance from someone whose whole focus is helping first-time buyers. Educated, not sold.
Quick • No credit pull • Just real numbers
All loans subject to credit approval. Rates, program terms, and conditions are subject to change without notice. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. This is not a commitment to lend. Licensed in Minnesota. Down payment assistance programs vary by location and have specific eligibility requirements. Mortgage insurance may be required on certain loan programs.