The United States Department of Agriculture agency provides an excellent way to purchase a home known as the Rural Housing Loan or USDA loan for short. For Minnesota residents in the right income bracket, this mortgage program is a way to buy a home without making a down payment. Basics of the USDA Mortgage USDA […]
VA Mortgage Requirements and Guidelines: A Detailed Look In 1944 the United States Congress introduced the bill that paved the way for the Veterans Administration (also called VA) to officially offer the VA mortgage to veterans. While there have been a few changes and improvements to the lending rules over time, the main intent remains […]
Getting an FHA mortgage is a great way to buy a home or refinance an existing mortgage. The FHA program has been around for many years and is a popular mortgage for first time home buyers. About FHA Loans The acronym FHA stands for the Federal Housing Administration. This organization began in the year 1934. […]
If you are looking to make a low down payment or if you are a veteran, the government may be able to help you with a Wisconsin, Illinois, Minnesota or Florida purchase or refinance! Check out these great government mortgage programs: FHA Mortgage Home Loans FHA loans are loans insured by the Department of Housing […]
