Is there down payment help for first time home buyers who just graduated from school?

Will FHA an option for you (3.5% down payment), or Conventional My Community program with 3% down.

There are programs available that you may qualify for, which require as little as 3% down. I would suggest starting work, as lenders will require proof of income in order for you to qualify.

You can put as little as 3% down, and ask the seller to pay your closing costs.

There are many programs to help provide funds for first time home buyers. All of them are going to require an employment history, so obtaining the first job is paramount. Work with a local Mortgage Banker/Broker rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. But more importantly, we are trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950

Congrats!! when will you be landing a job?? this is the first step .. linda