Get the Help You Need: VA & FHA Loans Are Still Available

Whether tough times or good times, we can all use as much help as we can get for our new home financing. Our Federal Government has several programs that help many people realize the American dream of home ownership.

VA loans are available to help veterans and active-duty personnel “to purchase and retain homes in recognition of their service to the Nation.” FHA loans are available to anybody but are used most often by first-time homebuyers. There are no income limit qualifications for either program. And even if your credit is less than perfect, an FHA loan could be the right loan for you, so those with financial problems may still qualify for financing.

Both the VA and FHA programs provide advantages: You don’t need a high income in order to qualify for a loan, interest rates are often below standard market rates, and extremely low down payments can be made. For VA loans, the down payment can even be as low as 0%. At Capitol Gateway, we can help you find lenders who will work with you to find the right financing for your needs. Contact us today to learn more about all your options!