|
This is not an official website of the U.S. Government |
| Find Government Homes | Login | Contact Us |
|
Home
Section 8 Program Teacher Next Door Officer Next Door Government Auctions Government Foreclosures Government Loans FHA Loans HUD Homes The United States government insures millions of home loans every year. Thousands of loans default and assets are returned to the federal government for liquidation. The homes are sold as-is and may not be in move-in condition.
Government LoansThere are many types of government loans available to qualified home buyers. Some agencies that provide government loans include, the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA), Rural Housing Services, and Fannie Mae. Theses loans are specifically designed to assist individuals start on the road to homeownership and are backed by federal funding. This gives home buyers an advantage due to the opportunity to receive loans with lower interest rates. Deciding on the government loan that is right for you will depend on your individual needs and the requirements per type of loan. One of the more common government loans is the FHA loan, which provides the home buyer with a variety of programs to assist them in the homeownership process. The U.S. Department of Veterans Affairs also provides government loans to military veterans. The VA provides low interest rates and provides 100% financing. Rural Housing Services provides homes to those with low to moderate income depending on the location of the home. Fannie Mae provides government loans to individuals with good credit yet who otherwise would not qualify for a traditional loan. For more information on Government Loans: |
|
Home |
Contact Us |
Site Map |
Privacy |
Office of Inspector General |
USA.gov This is not an official website of the U.S. Government | Last updated: Tuesday, July 8, 2008
|