Buying a home for the first time can be daunting. In addition to mountains of paperwork and new financial terms to sort through, you'll face costs and fees that can quickly add up. Fortunately, many grants and programs exist to help first-time homebuyers. Here are some of them: FHA loan With this option, the Federal Housing Administration, or FHA, insures the mortgage. The FHA is an agency that operates within the U.S. Department of Housing and Urban Development, or HUD. Len

HUD Secretary Carson told Realtors at the Realtors Legislative Meetings & Trade Expo that he plans a new era of homeownership, saying HUD will address FHA restrictions on condo lending. FEMA announced a goal to double flood ins. coverage by 2023. Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers able to muscle past these hurdles, deals can still fall apart when needlessly high regulatory burdens get in the way