Want a new home?
Worried about financing? Have you considered VA or FHA?
FHA mortgages are a popular mortgage product for home purchases. FHA loans are designed to make home ownership more affordable. You can purchase a home with a lower down payment, less documentation and a lower credit scores than a conventional loan.
FHA loans enable more people to achieve home ownership by allowing borrowers who have less than perfect credit, no credit history, or who may have experienced some financial missteps, like a foreclosure or bankruptcy, to qualify.
VA loans are designed to help active duty military and veterans qualify for home ownership and are one of the most popular choices among eligible first-time home buyers and eligible military personnel because of the exceptional terms they offer military borrowers. A VA loan is a mortgage guaranteed by the U.S. Department of Veteran Affairs. They offer lower interest rates and better terms than conventional mortgages and are offered exclusively to service members and certain military spouses.
Is one of these right for you? Do you need more information?