Tag: FHA Loan

  • First-Time Homebuyer Programs And Grants

    First-Time Homebuyer Programs And Grants

    There are several types of first time home buyer assistance programs First-time homebuyer programs encompass a range of home loan and assistance initiatives tailored for those purchasing their first homes. While primarily designed for individuals who have never owned a home, these programs also promote home ownership in specific geographic areas. Some programs extend eligibility…

  • FHA HOME LOAN PROGRAM

    FHA HOME LOAN PROGRAM

    HUD (Housing and Urban Development) operates the FHA (Federal Housing Administration), a department designed to help home buyers secure FHA loans for property purchase, rehabilitation, and/or refinancing. While lenders provide the loan capital, if the loan adheres to HUD/FHA guidelines, it receives insurance from the Federal Government to cover defaults. Why opt for an FHA…