Applying For Government Home Loans Silver Spring MD

Government loans are available through the FHA to those wanting to buy a home. In order to learn about applying, read the following article.

Local Companies

Thirteenth-Irving Development Corp
(202) 545-0392
6400 Georgia Ave., NW #7
Washington, DC
DC Insiders
(202) 368-1441
4733 Bethesda Ave
Bethesda, DC
JBG Properties, Inc.
(240) 333-3600
4445 Willard Ave
Washington, DC
The Tower Companies
(301) 984-7000
2000 Tower Oaks Blvd
Washington, DC
Host Hotels & Resorts, Inc.
(240) 744-5200
6903 Rockledge Dr. Suite 1500
Washington, DC
Thos. D. Walsh, Inc
(202) 237-8488
3333-B Connecticut Ave., NW
Washington, DC
Fannie Mae
(202) 752-7000
3900 Wisconsin Ave., NW
Washington, DC
PN Hoffman & Associates
(202) 369-5820
4725 Wisconsin Ave., NW
Washington, DC
Coast2Coast Realty Group, Inc.
(202) 745-2522
1419 V St., NW
Washington, DC
The Jair Lynch Companies
(202) 462-1092
1508 U St., NW
Washington, DC

Applying For Government Home Loans

Government loans are available through the FHA to those wanting to buy a home. FHA home loans help particular groups of people qualify for a home loan that they otherwise may not receive by guarantying the loan, which will be made by a regular lender. There are different types of home loans that the FHA will guarantee and you must meet all qualifications for your particular loan program. The following steps outline the best road to take in order to receive a loan that is guaranteed by the FHA.

  1. First, you should visit the FHA website to see if you can qualify for any of the loans they offer. There are three main loans available to those looking to purchase a new home:

    • A loan for first time homebuyers. You must be buying a home for the first time, meet credit qualifications, and be approved by an FHA lender to receive this loan.

    • A loan for those buying a home that needs repairs. The loan will pay for both the purchase price of the home, as well as the cost of fixing up the home. The only qualifications for this loanare you meet credit requirements andare approved by an FHA lender.

    • A loan for those who want to buy a mobile home or manufactured home. Qualifications for obtaining this loan are the same as those for obtaining a loan for buying a home that needs repairs (above).

    You must fall into one of these categories to receive a loan to buy a home through the FHA. They do also offer a loan for those wanting to upgrade their current home to make it more energy efficient, and they have a reverse loanavailable toseniors. Neither of these is for those wanting to buy a new home.

    ...

Click here to read the rest of the article at HowToDoThings.com

Author: Julie Bonner

Featured Local Company

Thirteenth-Irving Development Corp

2025450392
6400 Georgia Ave., NW #7
Washington, DC

Related Local Events
Real Estate Investing - Cash flow - Buy and Hold. The Key to Wealth
Dates: 8/4/2009 - 8/4/2009
Location: Keller Williams Reston Training Room
Reston, VA
View Details

Live South Real Estate Show-Reston
Dates: 9/11/2009 - 9/13/2009
Location: Hyatt Regency Reston
Reston, VA
View Details

National Association of Housing and Redevelopment Officials National Conference & Exposition
Dates: 10/4/2009 - 10/6/2009
Location: Marriott Wardman Park
Washington, DC
View Details

REALTORS Midyear Trade Expo - Midyear Legislative Meetings and Trade Expo
Dates: 5/12/2010 - 5/14/2010
Location: Marriott Wardman Park Hotel
Washington, DC
View Details

Free Introductury Real Estate Investing Class
Dates: 6/30/2009 - 6/30/2009
Location: Investors United School of Real Estate
Baltimore, MD
View Details
Rate Article
     
Articles Insider

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets