Licensed in NH, ME, MA, & CT

800.668.9695

First Time Home Buyer

Buying a house for the first time is a daunting process.

Don’t worry, we’ve done this before. At Blue Water Mortgage we pride ourselves on making the mortgage process as transparent, predictable, and easy as possible.

If you are new to the process, feel free to visit our tools page for useful calculators and resources to help you decide what you want and what you can afford. Or head over to our glossary for definitions of commonly used terms. You’ll be talking like an expert in no time.

Our brokers are here to answer any of your questions, whenever you have them. Talk to us today. It’s not as scary as you think.

15 Year Fixed
3.125%

15 Year Fixed

Loan Details
Loan Purpose
Purchase
Loan Product
15 Year Fixed
Interest Rate
3.125%
APR
3.249%
Payment (Principal & Interest)
$1393.22
Loan Amount
$250,000
Down Payment
$50,000
Credit Score
740

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 80% loan to value, 740 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.

20 Year Fixed
3.500%

20 Year Fixed

Loan Details
Loan Purpose
Purchase
Loan Product
20 Year Fixed
Interest Rate
3.500%
APR
3.597%
Payment (Principal & Interest)
$1159.92
Loan Amount
$250,000
Down Payment
$50,000
Credit Score
740

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 80% loan to value, 740 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.

30 Year Fixed
3.750%

30 Year Fixed

Loan Details
Loan Purpose
Purchase
Loan Product
30 Year Fixed
Interest Rate
3.750%
APR
3.821%
Payment (Principal & Interest)
$926.23
Loan Amount
$250,000
Down Payment
$50,000
Credit Score
740

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 80% loan to value, 740 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.

Contact Blue Water Mortgage for a Personalized Quote

(603) 926-9695
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Why Blue Water?

Blue Water’s team has over 100 years of collective mortgage experience we have the knowledge and ability to get your loan closed on time with the best terms and lowest rates for you.

Frequently Asked Questions

Contact a Loan Officer Today

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Blue Water Mortgage Customer Reviews

The loan experience could not have been any better. As a first-time Home Buyer, I had questions and Blue Water Mortgage was willing and able to answer them all.  I would recommend Blue Water to anyone looking for a home mortgage.

Jane S. Bedford, NH

I would recommend the organization with a 10 out of 10. They worked through a ton of grey area to get through a few last minute road blocks. I really felt like they were putting in the extra effort for me. I would absolutely recommend Blue Water to any first time home buyer.

Dan V. Kittery, ME

My experience with Blue Water Mortgage was fantastic. The representatives were very professional and treated me as though I was their most important customer. I was a first time home buyer and Blue Water Mortgage took the stress out of a normally stressful process.

Chris D. Longmeadow, MA

Home Loan Resources

10 Questions to Ask When Buying a Home
eBook

This ebook will help you better understand the home buying process so you can make a more informed buying decision.

Get the eBook
Worksheet

Use our Down Payment Worksheet to get a idea of what you can afford to spend.

Download Now
Monthly Budget Worksheet
Worksheet

Determine just how much you’re able to afford on a monthly basis to ensure you’re not in over your head with your monthly mortgage payments.

Download Worksheet

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 80% loan to value, 740 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.