Many loan officers believe that FHA guidelines have been tightened too much, but the U.S. Congress and HUD do not want to jeopardize
this great home finance program that has been helping new home buyers since 1934.
Not exact matches
Once that is out of the way your agent can be a
great source of information about
homes, writing a contract,
home inspections,
financing programs and much more.
With the rollout of the new Conventional 97 %
home loan
program, first - time homebuyers now have a
great home financing alternative to FHA.
We also offer
great programs like the
Home Possible ® loan
program which provides responsible
financing options for qualified low - and moderate - income borrowers.
Rural
home buyers have a
great opportunity for safe, affordable mortgage
financing through the Rural Housing Service, which has funds available until the end of September through its Direct Loan
Program.
Fannie Mae believes
programs like HomeReady and MyCommunity are helping first time
home buyers with moderate incomes and decent credit gain
greater access to responsible
home financing.
Undoubtedly, the
greatest feature of this
program is its option for «no money down»
financing, meaning homebuyers can
finance 100 percent of their
home purchase at an interest rate typically lower than average market rates.