The Federal Housing Association (FHA) and VA financing (which targets veterans) options are alternatives to using banks if you’re seeking a mortgage loan. FHA loans offer low financing terms and are usually geared towards buyers who do not qualify under bank guidelines. If you apply for FHA financing you’ll be entitled to significantly lower mortgage payments in addition to other benefits. Please note that you do not need to be a first time buyer in order to qualify for an FHA loan.
Please contact us to learn more about both types of financing options and how you may qualify for them. We can provide you with comprehensive information on what options are available to you.