FHA and VA Home Loans

Federally backed mortgage rates for qualified buyers

Government-backed loans that offer lower down payment requirements and flexible credit standards. Ideal for low-income, first-time borrowers, DACA, ITIN, and active currently military, veterans, and their surviving spouses. These loans provide numerous benefits, including low or no down payments, and you can use them to purchase or refinance a primary residence – a bonus for first-time home buyers.


FHA (Federal Housing Administration) loan benefits:

  • Get a fixed-rate purchase or refinance loan
  • No down/low down payment
  • More lenient credit guidelines
  • Higher debt-to-income ratios relative to other loan types


VA (Veterans Affairs) loan benefits:

  • Get a fixed-rate purchase or refinance loan
  • No private mortgage insurance necessary
  • No prepayment penalty
  • Typically better interest rates


Do you know what percentage of your gross monthly income goes toward debt? That’s your debt-to-income (DTI) ratio. Mortgage lenders look at that number to determine whether you can make mortgage payments and still cover your debt and living expenses. A higher ratio could mean a higher interest rate or loan denial – even for FHA and VA loans. If you’re planning to apply for a mortgage, start reducing your debt load now.

FHA/VA or Conventional – which loan is right for you?

Compare FHA and VA loans to Conventional Loans
FHA/VA LoanConventional Loan
Property RequirementPrimary home must meet HUD or VA minimum requirementsMust be a single-family or multifamily dwelling with no more than four units
Down PaymentLow to no down payment
Down payment assistance programs available
5% – 20% down payment
Minimum Credit ScoreLow credit qualificationAt least 620
Debt-to-Income RatioHigher DTI ratio thresholdsGenerally need a DTI ratio of 35% – 45%

    Find and finance the home of your dreams.

    Ask us about low-rate FHA and VA mortgage loans and refinance mortgage loans. We’re here to help put your dream of home ownership within reach.

    Good company, friendly staff and they answer questions. Low-interest APR loans, ease and speed to grant personal loans, home mortgages, etc.


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