Getting your mortgage can be easy with U.S. Financial!
There’s quite a lot involved when you get a mortgage loan. You wouldn’t be researching mortgage loans if you could simply press the “buy now” button.
We do most of the heavy lifting for you, so you can concentrate on what’s important — finding the perfect home.
What Is a First-Time Home Buyer Loan?
Most first time home buyers naturally gravitate to the loan programs with the smallest down payment. These include:
FHA loans, which are available to all qualified buyers and require just a 3.5% down payment.
VA loans, which are available to eligible veterans and active service members which allows a 0% down payment.
USDA loans, which are available in select geographic areas which also allows a 0% down payment.
For borrowers with very good credit a Conventional loan is available with a 3% down payment.
Perks for the First-Time Home Buyer
As with all tax matters please consult your tax adviser.