Are you a first-time buyer? A person is considered a first-time buyer if they have not owned a home in the past 3 years.

If your income is at or below $65,680 then you may qualify for a special program where you can put as little as 3% down and you will get a discount on the interest rate and the monthly Mortgage Insurance.

With the increase in interest rates, it is more difficult for all prospective buyers. It has particularly affected the first-time buyers.

Fortunately, there are special programs available for first time buyers with many mortgage lenders. As an independent broker, Ruth Schoenherr represents many mortgage lenders and is familiar with the special programs available with each lender. Why not call Ruth and see what programs she has available that might match your specific situation.

Ruth Schoenherr is a mortgage broker who will help you find home loans in the Clearwater and Tampa Bay area, and serving all of Florida. For more information, go to her web site at www.ClearwaterMortgageBroker.net or call at 727 447-2418.

Ruth Schoenherr NMLS 336647 Innovative Mortgage NMLS 250769