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What are the hurdles for 1st time homebuyers?

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Money Making Sense

The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and guest experts focus on reviewing paychecks and analyzi 
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The more money you have for a downpayment the lower your interest rate can be.  That's from Kara Loftus, vice-president of mortgage services at Mountain American Credit Union.  She says putting your house-buying plans on hold is a viable option until you have sufficient funds.

If you are in the military or a veteran, you could qualify for zero-down home mortgage. There are also 100% home loans available for first-time buyers; but you will need to cover the fees for taking out a loan.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page.

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Money Making Sense

The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and gues 
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