Prudential Fox and Roach have mortgage lenders that breakdown the barriers to owning a home with programs to help first time home buyers or those trading up to a larger home.  With many lending sources offering products for new home purchases as well as, second, vacation, and investment homes, we can help. Our lenders offer more than 300 loan programs to choose from, for most every conceivable real estate transaction, including: Fixed loans with 10 - 40 year terms  Full menu of adjustable rate loans  Buydowns  Interest only products  Land loans  Rehabilitation loans  Construction and construction-to-permanent financing  Bond programs  Swing loans  Blanket products  Commercial products  Pledged asset programs  Special situations such as less than perfect credit or unusual properties   Several first time home buyer programs are available. A person’s first home purchase is a big deal. It takes time, energy, and money. To help with the money hurdle, some people use first time home buyer loans. These programs vary depending on where they’re offered, but the general idea is this: first time home buyer loans give financial assistance to qualified borrowers. They may do this in the following ways:  Allow for a very low (or no) down payment  Subsidize interest costs (they pay all or part of it)  Offer grants  Forgive loans  Limit fees that lenders are allowed to charge  Defer payments