Compare First-Time Home Buyer Specialists in Butler, PA
Directory of first-time home buyer specialists in Butler, Pennsylvania. Verify credentials with the state state mortgage licensing authority before hiring.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Pennsylvania before hiring.
Showing 18 first-time home buyer specialists in Butler, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a First-Time Home Buyer Specialist in Butler Cost?
The cost of working with a first-time home buyer specialist in Pennsylvania varies. Real estate agent commissions are typically paid by the home seller, not the buyer. Mortgage lender fees can range from 0.5 percent to 1.5 percent of the loan amount. Down payment assistance programs like PHFA may charge origination fees of 1 percent to 2 percent of the assistance amount. Closing costs in Pennsylvania usually total 2 percent to 5 percent of the purchase price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is a first-time home buyer specialist in Butler?
A first-time home buyer specialist is a real estate agent or mortgage professional who focuses on helping people buy their first home. They know about Pennsylvania-specific programs like PHFA loans and the First Front Door grant, which provides up to 5 percent of the purchase price for down payment and closing costs.
What PA first-time home buyer programs are available in Butler?
Pennsylvania offers the PHFA Keystone Advantage Assistance Loan, which provides a low-interest second mortgage for down payment and closing costs. The First Front Door program offers a grant of up to 5 percent of the purchase price, capped at $10,000. These programs require a minimum credit score of 660 and a home buyer education course.
How do I qualify as a first-time home buyer in Pennsylvania?
You generally qualify if you have not owned a home in the past three years. Pennsylvania law also considers you a first-time buyer if you are a displaced homemaker or single parent who only owned a home with a former spouse. You must meet income limits, which vary by county, and complete a PHFA-approved home buyer education class.