To find out which loans work best for you, read through these diverse loan options and choose the one that fits your needs and preferences.
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An FHA loan is a loan insured against default by the FHA. In other words, the FHA guarantees that a lender won’t have to write off a loan if the borrower defaults – the FHA will pay.
VA loans allow a veteran or active duty service member to purchase a home with NO down payment.
The Veterans Housing Assistance Program (VHAP) provides financing up to $325,000 toward the purchase of a home to qualified Texas veterans.
Fannie Mae REO allow buyers to purchase FNMA owned homes with small downpayment and NO mortgage insurance.
Conventional loans are not insured or guaranteed by the government, it can still follow the guidelines of government sponsored enterprises (GSE's) such as Fannie Mae or Freddie Mac as both Fannie Mae and Freddie Mac.
Homeownership Incentive Program (HIP) assists eligible persons who are buying a new or existing home within the city limits of San Antonio.