GOVERNMENT PROGRAMS
Best choice for those who are looking to minimize their down payment, especially first-time home buyers. Unlike Conventional loans, FHA programs provide you with opportunities to make your down payment as low as 3.5% for different types of properties. VA programs are available for US veterans only.
PROGRAM HIGHLIGHTS
- Financing up to 96.5%
- DTI up to 56%
- No appraisal is needed to apply for streamline refinance FHA program
- Up to 6% of closing costs can be contributed by the seller
