What qualifies you as a first time home buyer? If you think it’s someone young, just starting out their life and has never owned a home before, you’re wrong. Today’s banking institutions qualify a first time home buyer as, “someone that has not paid a mortgage payment over the last three years”. So if you or someone you know has been out of the market for three years, it worth contacting your mortgage broker and Patterson Realty agent for more information.
Collette Kutil, The Keith Byrd Team, South County Realtor in San Luis Obispo County, including Pismo Beach, Arroyo Grande, Grover Beach, Oceano, Nipomo, and Avila Beach, 805-801-8114