First-Time Buyer Assistance FAQPage Schema for Real Estate Agencies

{
  "@context": "https://schema.org",
  "@type": "FAQPage",
  "mainEntity": [
    {
      "@type": "Question",
      "name": "How much do I need to save to buy my first home?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Down payment: 3–5% of purchase price for conventional loans (3.5% for FHA). Closing costs: 2–5% of loan amount. Cash reserves: 2–3 months of mortgage payments. Emergency fund: 1–3% of home value for maintenance. Example for a $400K home: $12K–$20K down + $8K–$20K closing costs = $20K–$40K total to close."
      }
    },
    {
      "@type": "Question",
      "name": "What is the first step to buying a house?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Get pre-approved for a mortgage before shopping. A pre-approval letter shows sellers you're serious and establishes your budget. Gather documents: 2 years of W-2s or tax returns, 2 months of bank statements, recent pay stubs, ID, and rental history. Choose between banks, credit unions, and mortgage brokers — compare at least 3 lenders."
      }
    },
    {
      "@type": "Question",
      "name": "What is PMI and how can I avoid it?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "Private Mortgage Insurance (PMI) is required on conventional loans with less than 20% down, typically 0.5–1.5% of the loan amount annually ($100–$300/month on a $300K loan). Avoid PMI by: putting 20%+ down, using a piggyback loan (80-10-10), or choosing lender-paid PMI (slightly higher rate, no monthly fee). PMI cancels automatically at 20% equity."
      }
    },
    {
      "@type": "Question",
      "name": "What should I look for in a home inspection?",
      "acceptedAnswer": {
        "@type": "Answer",
        "text": "A home inspection covers: foundation and structural integrity, roof condition and age, HVAC system functionality and age, plumbing (pressure, leaks, water heater), electrical panel and wiring, windows and insulation, pest/termite evidence. Budget $400–$600 for inspection. Hire your own inspector — never use one recommended by the seller's agent."
      }
    }
  ]
}