I know that buying a home for the first time might be frightening (I was there only a few years ago so I understand). First of all, you have the right to shop around for a mortgage (just like you are shopping around when you are purchasing a new car). I know that many mortgage companies have special programs for first time buyers. I would start calling the companies first to get the information from them such as what are their programs for first time buyers, what kind of rates do they offer, etc. Working for Coldwell Banker I always refer people to our Coldwell Banker Morgage department (1888-240-5708) to get those initial questions answered! Good luck!