Simple guidance & flexible loan options
Buying your first home is an exciting milestone—and having the right guidance makes all the difference. From understanding how much home you can afford to exploring loan programs and down payment options, our team is here to help simplify the process. We’ll walk you through every step so you can make informed decisions and feel confident as you take the next step toward homeownership.
As a first-time homebuyer, the entire home-buying process can feel daunting. At InterLinc Mortgage, we strive to make this process as stress-free as possible. With a wide variety of loan options, an easy-to-navigate mortgage process, and our “On Time and As Agreed!” promise, InterLinc Mortgage can help make your home-buying journey a breeze.
Our process starts with a free home loan consultation. This is where we will take a look at your income, debt, and goals so that we can help you decide on your best next steps. Click here to speak with one of our mortgage professionals and to get started on your home-buying journey.
Feel free to check out our Home Loan Resources, explore our Mortgage Calculators, Frequently Asked Questions, and information about available Down Payment Assistance programs.
first-time homebuyer FAQs
Can I get a mortgage with student loan debt?
Yes. Student loans don’t automatically disqualify you. Lenders factor your student loan payments into your overall debt-to-income ratio when reviewing your application.
What programs are available for first-time homebuyers?
First-time buyers may qualify for programs with lower down payments, flexible credit guidelines, or reduced costs. Eligibility varies by program and location.
Please contact one of our loan originators to see which programs are available to you in your area.
Are there down payment assistance programs available in my area?
Many states, counties, and cities offer down payment assistance programs for qualified buyers. These may include grants, forgivable loans, or low-interest second mortgages. Availability depends on location, income limits, and purchase price.
Please contact one of our loan originators to discuss options available to you.
Is renting or buying a better option right now?
The right choice depends on your goals, finances, and timeline. Buying can build long-term equity, while renting may offer flexibility. Please contact one of our loan originators to see which option makes the most sense for you.
What mortgage programs are available?
Loan options vary by state and may include conventional, government-backed, construction, and specialty programs. Please contact one of our local loan originators to help identify the best fit for you in your area.
Can I use gift funds for my down payment?
Yes. Gift funds are allowed on many loan programs but require a signed gift letter and proof of the donor’s funds.
Can I qualify for a mortgage after bankruptcy or foreclosure?
Yes. Many programs allow borrowers to qualify after a waiting period, depending on the circumstances and loan type. Please contact one of our loan originators to see how we can work through your bankruptcy or foreclosure.
Who is eligible for a VA loan?
VA loan eligibility is available to qualified U.S. military veterans, active-duty service members, National Guard and Reserve members, and certain surviving spouses. Borrowers must obtain a Certificate of Eligibility (COE) or Discharge/Separation form (DD214). If you do not have your COE, no problem! Contact your loan originator today and they can pull it for you and provide further instructions.
Jerry Smith is extremely knowledgeable and worked tirelessly to match us with the loan that best served our interests. Mr. Smith is a credit to his profession.
05/12/2026
Jerry is the best. Very knowledgeable and caring. Excellent service! 5 stars!
05/12/2026
This was the smoothest having a house built. This team was very kind, honest and professional
Elgin, TX, 05/10/2026
The transaction went very smoothly
Dothan, AL, 05/10/2026
She's the best. So very helpful. She's like family. Would highly recommend Dominique to my Family or anyone needing financial help . A Thank you isn't enough she helped us with everything. But Thank you Dominique for everything you did for us.
Shepherdsville, KY, 05/10/2026
