Starting August 1st, 2024, a new opportunity arises for First Time Homebuyers in the market for New Construction properties, as they can now benefit from a 30-year amortization period. This insured initiative is designed to help alleviate the financial pressures of purchasing a home, making homeownership more accessible and affordable. Eligibility for this program requires that the borrower be a first-time buyer, not having owned a home in the past four years, or having gone through a recent separation or divorce. Explore how this change could impact your home buying strategy and open doors to your dream home sooner than you thought possible.