FHA loans amazing products that allow first time home buyers for about as little as 3%, allowing buyers to leverage a low down payment while having access to properties that one may not be able to obtain otherwise.
FHA isn’t just for first time home buyers though, these programs allow for reverse mortgages, which are generally geared for people that are 62 or older. You can utilize a reverse mortgage in a refinance or even a purchase of a new home.
USDA loans are geared towards more rural areas of each state. One can utilize the benefits of a USDA mortgage by calling us today.