Step 1
Determine eligibility
Make sure you are eligible for the mortgage you want. VA, FHA, USDA, and conventional loans have different eligibility standards.
VA loans
Veterans, active duty military personnel, and surviving spouses who qualify can buy homes with a VA loan. You’ll need a Certificate of Eligibility (COE) to prove you meet eligibility requirements. Learn more with our how to apply for a VA Loan article.
FHA loans
These loans make homebuying easier when you have a moderate income or less money for a down payment. FHA loans can be obtained with as little as 3.5% down payment. However, there are limits on the price of the house you can buy. Read more about FHA loans for first-time homebuyers.
USDA loans
USDA loans make buying a home more affordable in rural and some suburban communities. Continue reading