 It’s no secret that buying a home takes some serious cash.
If you’re a first-time home buyer, you probably don’t have a ton of cash—just a burning desire to own your own home. So, what can you do? Check out VHDA!  If you’re ready to take that next big step into homeownership but you don’t quite have enough cash, the Federal Housing Authority could help.
One of the most popular government-backed home loans in the country, FHA was designed for those who have lower than average credit scores and requires a low down payment for qualified applicants.  Is it a good idea buying a fixer-upper home? It most certainly can be if you’re on a tight budget.
The trade-off is you have to know what you’re getting into with a house that needs a significant amount of work. Here's what you should know first.  Due to its many benefits, VA homes loans, considered one of the best home loans available, was created in 1944 by the United States Congress as part of the original GI Bill, formerly known as the Servicemen’s Readjustment Act.
VA loans have since helped about 18 million Veterans, Active Duty Service Members, and surviving spouses find and purchase their dream home. |
AuthorLilly Title & Settlement wants you to be an empowered homebuyer! Archives
January 2021
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