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k into a VA home financing with no down-payment required for active
military and qualified veterans. Bridge Mortgages provides 100% home
loans with VA, conventional, FHA and down-payment assistance loan
options for first time homebuyers. The Veteran Affairs allows qualified
vets to get one hundred percent home loans. This enables people to
preserve their savings when buying a home and this is very important
for first time homebuyers. Many new homeowners are unaware of many of
the new cost involved in owning a home. VA, FHA, Freddie Mac and
Fannie Mae have all made
significant contributions to first time homebuyers by offering home
mortgages that include low mortgage rates and no equity financing. Many
reports from Washington indicate that HUD will tightening FHA
guidelines
in 2010, but the VA Department of Home Affairs has renewed their
commitment to insuring 100% VA loan options going forward.
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VA Home
Loans to 100%
- Keep your money in the bank! Now you can finance the cost of buying
the house and keep your cash. VA mortgages are one of the last 100%
options but you must have your VA eligibility to qualify.
FHA Home Loans to 97%
- FHA only requires 3% down and the interest rates are as low as
conventional rates that require nearly perfect credit. FHA lending is
more forgiving when it comes to credit scores. According to reports,
FHA will be releasing a down payment assistance loan program to help
1st time homebuyers and borrowers in lower income regions of the
country. |
Refinance to 100%
- Great idea for 1st-time home-buyers. Bridge Mortgages offers 110%
refinancing to $750,000 and loans up to $2,000,000 with 90% concurrent
refinancing. | |