USDA/FHA/VA
Also referred to as “Government loans”. These loans are backed by agencies of the Federal Government and allow for broader qualifications and lower down payments. They are great options for first time buyers and buyers with blemished credit. USDA and VA loans offer 100% financing. FHA’s minimum borrower’s contribution is just 3.5%. Costs may be higher with these loans, but the programs allow some of those costs to be financed. Each program has specific guidelines for qualification, give us a call we would be happy to discuss these options with you.