If you’re a first-time homebuyer or you haven’t owned a home in a while, you might qualify for a first-time homebuyer loan or assistance. Many programs operate through state or federal housing finance agencies, nonprofit organizations, or employers.   As a first-time homebuyer living in a certain area and working in a certain profession, you could be eligible for a low-interest loan or grant to support your down payment and closing costs if you meet the financial requirements