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Are You a First Time Home Buyer in St. Louis?

Trying to buy your first home without a mortgage approval is the equivalent of putting the cart in front of the horse.


For many first time home buyers, having the funds available for a down payment is one of the biggest obstacles to purchasing a new home.

There is good news because first time home buyers have many options and with our TBD mortgage approval program you have the freedom to search for that perfect house without fear of being rejected by the bank later.

There are mortgage options that require low down payments. There are also programs and resources that may be able to help you fund the down payment on your new home.

The TBD Mortgage Approval Program

Many first time buyers think that they need to find the home they want to buy before getting the mortgage paperwork done. However, the majority of getting approved for a loan has nothing to do with the house you’re going to buy. In fact, all we need to do is get an appraisal and the title work and, as long as your house appraises and the title is clean, you will be able to get a loan.

Low Down Payment Mortgages

Recently, Fannie Mae announced a 3% down payment mortgage option that is designed to help first time home buyers who are not able to fund a large down payment but who are otherwise are able to qualify for a loan. Any first-time home buyer interested in this program should contact the Sean Z Mortgage Team.

Other first time home buyer programs include:

Our team knows that buying your first home is an event you have been dreaming of for years and we want to make it as enjoyable for you as possible. We know all there is to know about obtaining financing for this major purchase and are more than happy to pass our knowledge onto you.

Contact the team at Better Rate Mortgage

Every St. Louis resident deserves the opportunity to live in the home of their dreams. Let us help make buying your first home possible. Call us today at (314) 361-9979 or complete our online contact form.

Open the door to more.

Get Started Today

Whether you’re purchasing your first home or taking cash out to make your dream home even dreamier, the door is open. Welcome to Better Rate Mortgage.

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Couple laughing and holding keys to new home