In spite of the downturn in the economy and the financial challenges facing many prospective homeowners there are  a number of options available to first time home buyers that can help to even the playing field if you will.  This article from the Boston Globe highlights some of the great first time home buyer programs like the Soft Second, MHFA, FHA, NACA, and other more localized programs that will help buyers in certain income brackets purchase homes.  It’s probably best to start with a Home Buyer Education Class, click HERE to find one, and learn all of the options available to you and then figure out what you can afford by visiting a reputable lender or using one of the many Home Affordability Calculators out there on the internet… (If you need a good one visit the  Mortgage Professor for a host of calculators that can help you avoid biting off more than you can chew!)

Check out the Boston Globe article for additional details…

Yes, you can buy a home – The Boston Globe