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FHA and VA Loans for First Time Buyers

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First time homebuyers often experience the most difficulty amounting a significant down payment and everyone should have the opportunity to buy a home. For this reason the Federal government has developed two loan programs to assist homebuyers that have a little or no down payment. These programs are called the Federal Housing Administration (FHA) and the Veterans Administration (VA). These programs are not solely intended for first time home buyers; your home loan advisor will be able to determine if you qualify and if so which program is acceptable for your needs. FHA and VA loans can be especially advantageous when combined with a HFA or MCC first time homebuyer program.

Many FHA and VA borrowers can get into a home loan with zero money down.

FHA and VA loans are not credit score driven and are a great alternative to subprime loans.


Fha And Va Loans For First Time Buyers in the News:
Yahoo! News Search Results for fha and va loans for first time buyers
McCue Mortgage still in the family after 60 years (The Bristol Press)
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year.
Borrowers must find the right programs for their needs and means (Inland Valley Daily Bulletin)
Loan interest rates are at historic lows, but rates and loan types are different for everybody. A good mortgage broker or bank officer will help buyers know which kind of loan is the best fit.
Home Owner Association Horror Stories (San Diego Reader)
We put out the call, “Tell us your HOA horror stories,” and you came back in your millions. Okay, your dozens. Okay, nearly a dozen. The issue was courage.


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