First Time Home Buyer in Austin – Fast, Affordable Loans with No Hidden Fees

Buying your first home in Austin is now easier with LendFriend Mortgage's specialized first-time buyer programs. We offer straightforward approval, competitive rates, and zero hidden fees. Buying your first home can be stressful, which is why our Austin-based mortgage experts take pride in guiding you through every step, from pre-approval to closing day.

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Why First-Time Buyers Choose LendFriend

At LendFriend, we understand that buying your first home is a significant milestone. Our first-time buyer programs are designed specifically to educate you on the homebuying process and address the challenges faced by new homeowners in Austin's competitive market. We combine cutting-edge technology with personalized service to make your journey to homeownership as smooth as possible.

Save Thousands with $0 Lender Fees

LendFriend charges absolutely no lender fees after your first transaction with us – no application, underwriting, or origination costs.

Pre-Approval in 10 Minutes – 100% Online

Our streamlined online pre-approval takes just 10 minutes. Get a personalized rate quote and pre-approval letter instantly, giving you a competitive advantage in Austin's fast-moving market near popular areas like Mueller and South Congress.

Close Your First Home in as little as 10 business days

LendFriend's efficient process helps first-time buyers close in as little as three weeks. We coordinate with real estate agents, title companies, and underwriters throughout Austin to ensure smooth, on-time closings.

Loan Options Built for First-Time Buyers

We offer a variety of loan programs specifically designed to help first-time homebuyers in Austin achieve their dream of homeownership. Our flexible financing solutions accommodate various financial situations, credit profiles, and down payment capabilities. LendFriend's mortgage experts specialize in navigating Austin's unique real estate market and connecting buyers with the perfect loan program for their needs.

FHA Loans – Low Down Payment, Flexible Credit

Perfect for buyers with limited savings or less-than-perfect credit, FHA loans require just 3.5% down with flexible credit requirements. Our team excels at guiding first-time buyers through the FHA process in neighborhoods like Windsor Park and North Austin.

100% Financing Program

LendFriend offers a 100% financing program that covers the entire down payment through a second, interest-free loan with no monthly payments. The loan is repaid only when the home is sold, refinanced, or the first mortgage is paid off. Ideal for Austin's market near the Round Rock and Leander areas.

Conventional Loans with Just 3% Down

Qualify for conventional loans with just 3% down payment, often featuring lower mortgage insurance costs than FHA loans and better flexibility for condo purchases near Zilker Park and South Lamar Boulevard.

Support for Down Payment Assistance Programs

We work with numerous down payment assistance programs available to Austin residents. Our experts identify and help you apply for all qualifying programs, potentially saving thousands more on homes near the Austin Tech Corridor or Medical District.

Start Your First Home Journey Today

Taking the first step toward homeownership is easier than you think with LendFriend. Our transparent process eliminates the confusion and stress typically associated with getting a mortgage. Whether you're just starting to explore your options or ready to make an offer, our Austin-based team provides personalized guidance every step of the way, ensuring your first home purchase is a positive, confident experience.

Schedule a Free Consultation with a Mortgage Expert

Our Austin-based experts are available seven days a week for personalized guidance. Schedule a no-obligation consultation to explore options for buying near landmarks like Lady Bird Lake or the Texas State Capitol.

Apply Online and Explore Your Loan Options

Complete our simple online application in minutes to receive personalized loan options and rates. Start today and take the first step toward homeownership in vibrant neighborhoods like East Cesar Chavez or South Austin.

Frequently Asked Questions

What Documents Do I Need to Prepare for My First Mortgage Application in Austin?

For quick Austin mortgage approval, prepare: recent pay stubs, two years of W-2s/tax returns, two months of bank statements, and ID. LendFriend's online portal makes document submission simple and secure from any device.

Can I Buy My First Home in Austin With Absolutely No Down Payment?

Yes! VA loans offer veterans 100% financing, while various Austin assistance programs can completely cover down payments for first-time buyers near MoPac and I-35 corridors, and LendFriend also offers 100% financing depending on your purchase price.

How Quickly Can I Close on My First Home in Austin's Fast-Moving Market?

LendFriend closes most first-time buyer loans in just 3-4 weeks with same-day pre-approval. However, it’s possible to go from contract to closing in as little as 10 business days. Our streamlined process gives you a competitive edge in Austin's fast-moving real estate market.