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When determining whether the first time buyer home loan programs apply to you, many factors will come into play. Most programs allow you to purchase a new home as a first time buyer as long as it has been at least 12 months since past ownership of a home. While many other programs require a minimum of 3 to 5 years to be taken into consideration. For more information regarding how you can use a 1st time buyer program, contact 1st MA Mortgages .com, 617.482.5168
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