Preparing financially is an important first step for first-time homebuyers, and specialized savings tools can help make the journey easier. First Time Homebuyer Savings Accounts offer a personalized coaching app that includes a high-yield savings account designed to help build funds for a down payment and closing costs. The app also provides helpful homebuying education tailored to each user’s progress, while annual account fees may be covered for up to two years, and eligible deposits can receive matching contributions through Foyer Savings, helping buyers move closer to their homeownership goals.
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