New First-Time Homebuyer Program Launches Nationwide
Encompass Home Lending has unveiled its groundbreaking "HomeStart Advantage" program, designed specifically to help first-time buyers overcome common barriers to homeownership. This nationwide initiative combines low down payment options, educational resources, and personalized coaching to create more accessible paths to the American dream.
Why This Program Matters
With home prices and interest rates creating challenges for new buyers, HomeStart Advantage addresses three critical pain points:
- Down payment hurdles (as low as 3% for qualified buyers)
- Credit flexibility (special underwriting considerations)
- Education gaps (free homebuyer workshops and 1:1 coaching)
How It Works
- Pre-Qualification Workshop: Free online/in-person session covering program basics
- Personalized Assessment: Loan officer reviews financial picture and goals
- Custom Roadmap: Tailored plan addressing savings, credit, and timeline
- Simplified Process: Dedicated team guides you from application to closing
"As a teacher with student loans, I never thought I could buy a home. The HomeStart program helped me understand my options, improve my credit, and ultimately purchase a condo with just 3.5% down. My loan officer was with me at every step."
— Maria T., First-Time Homebuyer, Chicago, IL
Beyond the Mortgage
What sets HomeStart Advantage apart is its 12-month post-purchase support, including:
- Free financial wellness check-ins
- Home maintenance budgeting tools
- Refinancing advisory when rates improve
Availability
The program is now available in all 50 states through Encompass's network of local loan officers. Special incentives are being offered through April 2025 for early applicants, including:
- $500 credit toward closing costs
- Free home warranty for the first year
- Priority processing
Ready to Begin Your Homeownership Journey?
Our specialists can explain program details and check your eligibility in minutes.
Learn More About HomeStart Advantage
or call (813) 502-8719
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