Who is considered a first-time homebuyer? In general, it’s anyone who hasn’t owned a home in the last three years. However, there are some exceptions you might not know about. For instance, if you're recently divorced and were on the title with your ex-spouse, Fannie Mae on a conventional loan still allows you to be considered a first-time homebuyer. Another loophole? The Florida Housing Down Payment Assistance Programs. If you’ve been renting a property for the last three years and can prove it with lease agreements or tax returns, even though you own a property, you might still qualify as a first-time homebuyer. If this applies to you and you’re curious about the benefits of being a first-time homebuyer when it comes to securing a mortgage, let’s talk! Comment "first time homebuyer" below and I’d be happy to chat. Your go-to Loan Officer, Jason Pughe VP of Mortgage Lending | NMLS #1801991 C. (407) 448-7987 E. jason.pughe@rate.com #firsttimehomebuyer #mortgagetips #homebuyingjourney #floridarealestate #southwestflorida #mortgageadvisor #homebuyers #floridamortgage #realestateinvesting #loanofficer #realtorsofinstagram #downpaymentassistance