First-Time Home Mortgage Loan: Is A Government-Backed Loan For You?
If your family is ready to purchase your very first home, you may seek a traditional home mortgage loan to do so. But if banks keep turning you down for a loan, ask a lender about government-backed home buyer loans. A government-backed home buyer loan typically requires a lower down payment to obtain. Learn more about government-backed home buyer loans and whether or not you qualify for financing below.
How Does a Government-Backed Home Loan Work?