Who may apply for this program? Applicants must: • Meet income-eligibility. • Agree to personally occupy the dwelling as their primary residence. • Be a U.S. Citizen, U.S. non-citizen national, or Qualified Alien. • Have the legal capacity to incur the loan obligation. • Have not been suspended or debarred from participation in federal programs. … Read more
A conventional mortgage or conventional loan is any type of home buyer’s loan that is not offered or secured by a government entity. Instead, conventional mortgages are available through private lenders, such as banks, credit unions, and mortgage companies. However, some conventional mortgages can be guaranteed by two government-sponsored enterprises; the Federal National Mortgage Association … Read more
About Home Loans VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. VA Home Loans are provided by … Read more
FHA loans have been helping people become homeowners since 1934. How do they do it? The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal. Low down payments Low closing costs Easy credit qualifying What does FHA have for you? Buying … Read more