West Virginia first-time home buyer programs The West Virginia Housing Development Fund (WVHDF) offers first-time buyers in the Mountain State two paths to homeownership. You can use either of these loan programs to purchase a single-family home, a townhome, a manufactured home, or units in...
Find the best first-time home buyer loan for you. Start here Conventional 97: From Freddie Mac or Fannie Mae. 3% down payment and 620 minimum FICO score. You can usually stop paying mortgage insurance after a few years once you reach 20% home equity FHA loan: Backed by the Federal Hou...
Again, the type of loan you apply for will affect how much downpayment is required. Need down payment assistance in Virginia? An FHA loan in Virginia helps first-time home buyers fund their downpayment. Additionally, an FHA loan only requires a down payment of 3.5% ...
Looking for a First time home buyer, FHA, Jumbo in Grass Valley, Nevada County? You may be qualified. A mortgage consultant from Northern California Mortgage can help determine the right mortgage option for you.
Some of the most popular first-time homebuyer programs include FHA loans, USDA loans, VA loans, Fannie Mae or Freddie Mac programs, the Native American Direct Loan, and Energy-Efficient Mortgages. What Is the First-Time Homebuyer Act?
Depending on your circumstances, you may be eligible for a Federal Housing Administration (FHA) loan, a U.S. Department of Veterans Affairs (VA) loan, or another type of government-guaranteed loan. As a first-time homebuyer, you may also be eligible for special programs that allow you to...
Federal first-time homebuyer programs Outside of conventional loans offered by most mortgage lenders, the U.S. government also helps home loan borrowers by backing various mortgage programs. These include: Government-backed mortgage loans The Federal Housing Administration (FHA), Department of Veterans...
The West Virginia Housing Development Fund facilitates home loans with favorable interest rates for West Virginia residents, and can make the dream of a no-down-payment mortgage come true. Also check out federal loan programs offering first-time home buyers low down payments and easier qualifying ...
If you’re a first-time Virginia home buyer who used VHDA loan program to purchase your home and you meet the income and home price criteria of the FHA Plus program, you’re are eligible for a mortgage credit certificate. This tax credit can be used for the entire time the borrowers kee...
If you’re looking to buy your first home, you may have to expand your horizon to find a home that’s more affordable. When I bought my first home many years ago, I wound up with a small rambler in Northeast Tacoma. We used an FHA mortgage with a 3.5% down payment (you do NOT ...