Searching for a first time home buyer mortgage? Lenders can be misleading about the ease of getting a first time home loan - while there are many plans available to put you into a home, they are often designed to be enticing to the inexperienced and simply lock you into a cycle of refinancing.
If you want a first or second mortgage with no catches - meaning no prepayment penalties, and with a locked in rate, do some research and take care of your credit. Find out what your credit score is and clean up your record if needed and at least appear to be a responsible borrower.
