Looking to Buy Your First Home?

Buying a home for the first time can be a challenging experience. There are various requirements and steps to take that can quickly become overwhelming. Being a first-time homebuyer also comes with many great benefits and will get you out of the rental rut. The experts at MegaStar Financial are here to help you find your first home and help make your life easier along the way.

Make Home Ownership a Reality With MegaStar Financial

At MegaStar Financial we are here to help make your dream of homeownership a reality. There’s a lot to learn before you take that first step. This video will help explain the process a first time home buyer faces in today’s market.

Available Financing Options

There are many different financing options available to those purchasing a home for the first time. First, FHA financing is one of the best options available for new homeowners when you compare it to a conventional loan. We can help you determine whether this is the right option for you and, if so, help you secure FHA financing. There’s a 3% grant available for FHA financing.

The next type of loan you can get as a first time home buyer is a USDA loan. This 100% financing option is available in Shasta County and for those wanting to secure a home outside city limits, it can be a perfect choice. We can help you determine if you meet the income qualifications associated with a USDA loan as well as help you to begin the home search.

For veterans in Shasta County, you may also qualify for a VA loan with 100% financing. If you’re eligible, this is another great choice. Last on our list of first time home buyers loans today is the 100% CalVet financing. This is another great no down payment option for California veterans.

Tax Credits and Down Payment Assistance Programs

If you’re worried about coming up with a down payment upfront or paying taxes, there are several down payment assistance programs and tax credits available for first time home buyers. Numerous federal tax credits are available that we can help you take full advantage of. First time home buyers in Shasta County may qualify for the Shasta County DAP program. There’s also a program for those who live in Shasta Lake. The city of Redding also offers down payment assistance to eligible first time home buyers within Redding city limits.

When you’re ready to start the process of purchasing your first home, let the experts here at MegaStar Financial in Redding help you out. We can help you find the best loan options as well as available programs that fit your needs. Visit us in the office and discover why we remain one of the most trusted lenders in Redding for first time home buyers. If you would rather give us a call first, reach us at 530-999-9000.