dcsimg

FHA and HUD

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.

More on Qualification

To qualify for mortgage insurance from the FHA or HUD you must complete a loan application.

The application asks for information such as:
  • The borrower's name, phone number, address and other personal information
  • The property addresss
  • The amount of the mortgage loan
  • The type of home to be purchased (pre-existing, new construction, partially-completed construction, manufactured, condominium, duplex, etc.) and the type of mortgage loan (new or refinance)
  • The name, address, and phone number of the current lender (if applicable)
  • The amount of the monthly mortgage payment amount
  • The purchase price of the home
  • The interest rate of the mortgage loan
  • A statement from both the borrower and the lender certifying that all of the given information is correct

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.

Get Mortgage Loan Quotes Now
  • Free Quotes
  • No Hidden Fees
  • No Obligations
  • Refinance
  • New Home Loan
  • Home Equity
  • Debt Consolidation

Compare Mortgage Rates