A new millennium, a new wave of home buyers is on the horizon. The average age of millennials, as of 2015, was about age 25. This means that at around age 25, for the most part, schooling should be out of the way, a foundation has been started, and the millennials are looking for somewhere to start their roots. Sunny Fort Lauderdale has much to offer to any first-time homebuyers looking to begin their lives somewhere.
RealtyTrac and Housingwire.com reported this. This can be the biggest obstacle for a first-time homebuyer. Most lenders do not have
Fannie Mae recently made the change to go from requiring at least 5% down to only 3% down. This is for first-time homebuyers only and a cheaper option than going with an FHA mortgage. Call today for more details (954) 903-7256!
For first-time homebuyers, the prospect of owning one’s one home can be an exciting time for them. However, the struggle of having to pay for it themselves can be a daunting task that no one wants to deal with.
