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  1. – VA loans are probably the most inexpensive mortgage for the first time home buyer who is eligible. eligibility requires that the borrower be a veteran, military personnel or, in some cases, spouse. First time home buyers will find that the VA loan does not require any type of down payment.

    Absa Seeks First-Time Buyers in Push to Revive Mortgage Unit – Absa Group Ltd. plans to claw back market share in South African home loans by taking on more risk and targeting first-time buyers, as Chief Executive Officer. He also intends to grow Absa’s share.