First time home buyers

Here are 5 common mistakes that first-time homebuyers should avoid when buying a home.

This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.

If you want to purchase or refinance a home, condominium or manufactured home, the VA can guarantee up to $417,000 of the total loan - much higher than you can get with most conventional home loans.

Interested in an FHA loan? Find out what an FHA loan is, what the credit score and down payment requirements are, and what your MIP payments might be.

FHA loans have been helping people become homeowners since 1934. How do we do it? The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better deal.

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