Home Loans: Where Do I Begin?

There's 100% financing loans for those with no down payment. Government loans for those who qualify. A conventional loans is the type of home loans most people think of when they think of borrowing money.

The conventional loan requires good credit and at least a 3% down payment. If you've ever been late on a car payment or a credit card payment, or even if you've been late returning a movie, this may not be the kind of loan for you. Two of the more popular alternative home loan programs are 100% financing and government loans.

One-hundred-percent financing loans are available through the VA, FHA and conventional means. You have numerous options available to you if you put in the work to really research home loans. Imperfect credit loans allow borrowers with less-than-perfect credit to qualify competitive interest rates to buy a home.



New construction loans allow the buyer to get a fixed interest rate while the home is being built and to keep that loan after they move in, even if the interest rates have changed.