Not only do many veterans not only take advantage of the VA Home Loan Guarantee Program to purchase their homes, but they also use the mortgage services of the Department of Housing and Urban Development or the Federal Housing Authority to purchase their homes. The FHA and HUD both offer low-interest loans to those who qualify to purchase homes. The FHA and HUD also offer mortgage insurance for those who are part of the VA Home Loan Guarantee Program.
To qualify for mortgage insurance from the FHA or HUD you must complete a loan application.The application asks for information such as:
HUD and FHA offer many valuable programs to offer people who wish to purchase homes. If you are interested in obtaining a FHA loan or loan insurance through HUD or FHA, contact your local VA Regional Loan Service Center.