FHA and VA are both great loan products. 1st off in order to do a VA loan you have to be a veteran or a spouse of a veteran. On a FHA you need 3.5% of the loan amount as a down payment. There are many other things that are great about both loan programs. Lets talk about them both, and maybe even other loan products that could help you. Are you still in the market to buy a home? If so, I would love to see if we can help you out. We work with 1st time home buyers all the time. Do you have a realtor yet? If not we have preferred ones we can get you in contact with. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
Depends on your debt to income, with no monthly debt like student loans or car payments yes you can go up to 500k. Credit score requirements vary by lender I know of several that loan with scores down to 580 scores... more