Government loans through the FHA and VA, as well as
other agencies, are available. FHA/VA Government Loans are for purchases, refinances and
property improvements
An FHA loan allows for 3% down from the borrower, non seasoning of funds with
negotiated seller paid closing costs. The FHA loan amount is specified by each county.
VA loans allow for up to 100% financing to
$203,000 nationwide.
Title 1 is an FHA loan. The loan limit is
$25,000 for property improvements.
203 K is an FHA loan. Will allow for the
purchase of 1-4 units and renovation of these units.