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.
I could go on and on about these guys, but to keep it short and sweet, these guys are super helpful and on top of things! I loved being able to reach out at almost any time of the day and they would get right back to me and explain...
05/29/2026
Heather Gatewood made my buying experience a pleasant one. She made sure that I was taken care of during the entire process. I highly recommend her to anyone that is interested in purchasing a property!
05/29/2026
We have truly enjoyed working with Michael and team .
Rutledge, TN, 05/28/2026
Rory, it was so fun working with you with our little Jimmy P. lets do another one and hope to see you soon and maybe with Patterson's .
Nashville, TN, 05/28/2026
did a great job in this whole process and communicated very well on everything that was taking place. Lisa is very knowledgeable when it comes to this stuff and I highly recommend her.
Columbia, AL, 05/28/2026
