What disqualifies you from first-time home buyer?

Not everyone qualifies as a first-time homebuyer — here’s what can disqualify you:

1. You’ve owned a home recently – Usually, if you’ve owned a house in the past 3 years, you’re not considered a first-time buyer.
2. You already have an ownership interest – Even if you co-owned or inherited a property, it could count against you.
3. Income too high – Some grants and programs have income limits. If you make more than the program allows, you might not qualify.
4. Buying a vacation or investment property – Most first-time buyer programs only apply to primary residences, not second homes or rental properties.
5. Not meeting credit or loan requirements – Minimum credit scores, debt-to-income ratios, or approval conditions can affect eligibility.

At Trealtorr, we help you figure out exactly where you stand and guide you toward programs you do qualify for, so you don’t waste time or miss out on free money.

📲 Call or text us today at +1 (347) 831-6085 we’ll check your eligibility and help you get into your first home.