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Are there any special mortgage programs for first-time homebuyers?
Posted : 28/04/2024 4:39 pm
There are several mortgage programs for first-time homebuyers:
FHA loans: 3.5% down payment, reduced mortgage rates, and mortgage insurance premiums
VA loans: 100% financing, low mortgage rates, and no private mortgage insurance
USDA loans: 0% down payment, low mortgage rates, and cheap mortgage insurance
Conventional loans: 3% down payment, flexible loan options, and private mortgage insurance
Posted : 30/04/2024 5:47 pm