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Updated over 6 years ago on . Most recent reply
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First Time Home Buyer Lender Options
Hi BP community! I am looking for some advice on options for first time home buyer financing. I found a turn-key duplex that I am interested in house hacking by renting out one unit and living in the other. I am considering an FHA loan (I have okay credit- good enough to qualify, and little money to put down, but my family will help me out with my down payment). I am also a part time college professor (I share this because I heard there might be a first time home loan available for teachers as well, but I couldn't find any information online). I'm wondering what would be the best combination of financing for me and this house. I live in San Diego, CA and would like to see if anyone can recommend (personal experience preferred) an FHA approved lender in the area. Any help would be greatly appreciated. Thanks in advance!