Getting your mortgage is easy with U.S. Financial!
We do the heavy lifting for you, so you can concentrate on what’s most important — choosing 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.
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.
Conventional Loans, for borrowers with very good credit, are available with a 3% to 5% down payment.
Home Owner Benefits
Congratulations! Now that you are buying your first home you qualify for one of the best tax deductions out there. For most taxpayers your mortgage interest is fully deductible! For the average borrower this adds up to many thousands of dollars per year.