Buying Your First Home Can Feel Confusing—But Help Is Out There
If you’re a first-time home buyer, you probably feel a mix of excitement and stress. You’re dreaming about a place of your own but worrying about the costs—especially that big down payment. The good news? There are programs designed to help people just like you. Grants, credits, and special loan options can make buying your first home easier than you think.
“So many first-time buyers don’t even know these programs exist,” says Darlene Kuzmic, real estate agent with Team Kuzmic. “I love helping them uncover these hidden opportunities that make a real difference.”
Why First-Time Home Buyers Miss Out on Free Money
Many people mistakenly think that you need to be super low-income to get help. Others simply don’t know where to look. Plus, the process can feel complicated if you’ve never bought a home before.
“I’ve had buyers come in thinking they needed $20,000 saved for a down payment, only to discover they qualified for a $5,000 grant,” Darlene shares. “It changes everything when you realize help is available.”
First-Time Buyer Dreams Start Here: Programs That Help You Buy Sooner
1. Down Payment Assistance Programs
One of the biggest hurdles for first-time buyers is the down payment. Luckily, many local programs help cover some or even all of it.
In Columbus, programs like the Ohio Housing Finance Agency (OHFA) offer down payment assistance up to 5% of your home’s price. “This alone can be a game changer,” says Darlene. “It means you can move forward without draining your savings.”
2. First-Time Buyer Grants You Don’t Have to Repay
Grants are special because you don’t have to pay them back. Some programs offer $2,500 to $10,000 to help you buy your first home. Certain city or county programs also offer neighborhood-specific grants to encourage home ownership in growing areas.
“I always tell buyers, don’t count yourself out before we check what’s available. You’d be surprised how often people qualify,” says Darlene.
3. Tax Credits That Put Money Back in Your Pocket
With the Mortgage Credit Certificate (MCC) program, you can get a yearly tax credit that helps reduce the amount you owe in federal taxes. This is different from a deduction—it actually reduces your tax bill dollar-for-dollar. Over time, this can save you thousands.
4. Special Loan Programs That Work for You
Many first-time buyers benefit from loan programs that offer low interest rates and lower credit score requirements. Popular options include:
- FHA Loans – low down payment and flexible credit options
- VA Loans – no down payment if you’re a veteran
- USDA Loans – zero-down in qualifying rural areas
“With some of these loan programs, I’ve helped people get into a home with less than $2,000 out of pocket,” Darlene explains. “That’s less than some people pay to change apartments.”
5. Local Columbus Opportunities You Shouldn’t Miss
Central Ohio offers some unique opportunities for first-time buyers. Certain neighborhoods have homeownership programs that offer extra grants or forgivable loans if you stay in your home for several years.
“We always make sure to check city and county options. Even if you don’t qualify for state programs, local incentives can really help fill the gap,” Darlene advises.
Don’t Let Myths Hold You Back From Homeownership
If you think you have to wait years to buy a home or need tens of thousands saved, think again. With the right guidance, you could be moving into your first home much sooner than expected.
“Our goal is to make this process simple and stress-free,” Darlene says. “There’s nothing better than calling someone and saying, ‘Congratulations—you’re officially a homeowner!’”
Summary: What You Should Remember
- Many first-time buyers qualify for help without realizing it.
- Grants, credits, and low down payment loans make homeownership possible sooner.
- Local Columbus programs provide even more resources for first-time buyers.
- Working with an experienced agent like Team Kuzmic ensures you don’t leave money on the table.
Next Step: See What You Could Qualify For
Buying your first home can be more affordable than you think. Reach out to Team Kuzmic today to explore which programs fit your situation. We’ll guide you step by step so you can stop renting and start building your future.