Here are the best lenders that offer loan options for first-time homebuyers in May 2025. Benefit from low down payments, grants, and flexible credit requirements.

First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.

In 2024, the median first-time homebuyer was 38 years old, according to the National Association of Realtors' 2024 Profile of Home Buyers and Sellers report. Factors including low inventory, wealthy ...

Buying a first home is exciting, but it can be challenging to make the jump from renting to homeownership. First-time buyers don't have home equity to put toward their purchase like repeat buyers ...