Government Sponsored Loan Programs

The federal government, as well as state and local governments, offer numerous real estate financing options, usually consisting of lower-than-average credit requirements, down payments, and interest rates. However, most of these home loans are limited only to individuals who fall under the specific category targeted by the loan program, such as first-time homebuyers, homebuyers in rural areas of the country, etc. The two most popular federal loan programs are FHA (Federal Housing Administration) and VA (Veterans Affairs) loans. [Read More]