Choices,
choices, choices.
Fannie
Mae and Freddie
Mac are the largest suppliers of home loans in the world.
When
you qualify for a Fannie \ Freddie loan, you have met the highest standards.
These loans are referred to as "Conventional
Loans"
FHA is program design for borrowers with
less then perfect credit, no down payment or minimum down payment.
VA mortgage is one of the best deals
in the mortgage business, however, you need to be a veteran. There is no
PMI and can be 100% financing.
There are hundreds of programs available, but they all conform to some
basic guidelines, income, debt, assets, and
credit history.
Conventional
Loan Programs
Government Loan Programs