We have the key for the first time home buyer in Wisconsin and Illinois

We provide many home financing solutions to better fit your individual needs in achieving the dream of homeownership.

You may qualify for one of our various financing options even if you need 100% financing, lack money for closing costs, or need extra credit flexibility.

The first step for the first time home buyer is to go through the pre-qualification process, most real estate brokers will be asking for this information prior to your viewing homes, this will give you a firm idea of what you can afford and enable you to write the purchase offer with the assurance that you can afford the home. Ameristar Mortgage will also perform the following for a first time home buyer:

• Review credit history via a credit report, how and why they work
• Explain the different types of loan products available
• Explain, "loan to value", that is the amount of money being borrowed versus the value of the property
• Examine your debt ratio, which determines how much payment you can afford

Ameristar Mortgage offers many First Time Home Buyer programs including:

• Government Mortgage Loans
• FHA Home Loans
• VA Loans
• Rural Housing
• Jumbo Mortgage Loans
• 80-10-10 and 80-15-5
• 100% Financing No Money Down Loans
• My Community Mortgage
• Freddie Mac Home Possible
• New Construction Loans
• Lot Loans
• Lender Paid Mortgage Insurance
• Interest Only Loans
• Core Bank Statement Loans
• Jumbo Bank Statement Loans
• Less Than Perfect Credit
• Non Owner Occupied - Investment Property
• No Income Verification Loans
• Stated Income Stated Asset
• 40 Year Home Mortgage Loan
• Flex 97 Fannie Mae Conventional Loan

All Wisconsin and Illinois Mortgage Programs
100% Financing (No Money Down) Programs
First Time Home Buyer Mortgage Programs
My Community Mortgage
Government Loans including FHA, VA and Rural Housing
Wisconsin Refinance Illinois Refinance Programs

Current Wisconsin and Illinois Mortgage Rates
About Ameristar Mortgage
Apply or Pre-qualify Online
Contact Ameristar Mortgage

Latest first time home buyer blog entries:

First Time Home Buyer Mortgage from Ameristar Mortgage
April 17th, 2008

As Wisconsin and Illinois first time home buyers, we recognize the sacrifices you make in an effort to save enough money to not only make a down payment on a home, but meet the total amount necessary to actually close on your desired home loan. For instance, the largest hurdle most first time home buyers face is saving the funds necessary for a down payment. Did you know that nearly every state has a program to help first time home buyers with the down payment.

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