FHA Loans

VA Loans

FHA and VA provides affordable home loans for purchase or refinance

Little or NO Money Down

100% of the Down Payment
can be a Gift

Non-occupant co-borrowers
are allowed to assist in
qualifying for the loan

FHA loans are assumable
under certain conditions.
(Conventional fixed rate loans seldom are.)

The Seller is required to pay
Processing fee,
Document Prep Fee, and the
Tax Service Fee in an FHA loan

The VETERAN can literally move in WITHOUT any of their own funds!

NO Down Payment
Up to $240,000

100% of the Down Payment
can be a Gift
VA loans allow the borrower to use 100% gift moneys for the down payment.

Closing costs can be paid
by the seller, or
gifts funds may be used

No Closing Cost

Easier qualifying standards

No prepayment penalties

FHA Loans

VA Loans

Credit history DOES NOT have to be spotless
to obtain financing through FHA and VA