Delaware First Time Home Buyer

Thinking about buying a fixer-upper but not sure how renovation loans really work?

A renovation loan allows you to finance both the home purchase and the renovation costs into one mortgage. That means you may be able to buy a home with potential and update it after closing instead of paying out of pocket later.

These programs can work for FHA, VA, USDA, and Conventional financing depending on your situation.

The key is understanding the process before you start shopping.

Watch this quick video where I explain how renovation loans really work step-by-step. Learn more at https://delawaremortgageloans.net/renovation-lending-buy-and-renovate-with-one-loan/

If you’re thinking about buying and renovating a home in Delaware or Maryland, call Loan Officer John Thomas at 302-703-0727 and I’ll walk you through your options.

Trying to buy a home in Delaware but stuck on the down payment?

This is one of the biggest things holding people back right now… and honestly, it’s where a lot of buyers get it wrong.

There’s a program called the DSHA First State Home Loan that could give you 3% of your loan amount toward your down payment and closing costs.

On a $300K–$350K home, that’s roughly $9,000–$10,500 in assistance.

Here’s the part most people don’t realize…

It’s a 0% interest second loan with no monthly payment.
You don’t pay it back monthly — it just sits there until you sell, refinance, or move out.

So instead of waiting years to save up, a lot of buyers are using programs like this to get in the market now.

Learn more about DSHA First State Home Loan Program at https://delawaremortgageloans.net/delaware-down-payment-assistance-programs/

It works with FHA, VA, USDA, and Conventional loans, and it’s available statewide here in Delaware.

Not everyone qualifies, but if you’ve been thinking about buying and the upfront cost is what’s stopping you… this is worth a look.

All right, so here’s what I’d do next…

Book your free mortgage consult below and find out how much you could qualify for — or just call/text 302-703-0727 and we’ll walk through it with you.