The bank can be publish a profile department after you A: The specific concept of what constitutes an initial-time homebuyer – and you will whether or not you’ll disqualify on your own from dropping within it – is based mainly with the particular basic-go out consumer program otherwise masters where you’ll be looking to receive. Particularly, the latest (now-expired) government homebuyer tax borrowing system defined basic-timers due to the fact individuals who had not had a house on 36 months before their purchase of our home in which they were choosing the borrowing.