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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    VA loan: The VA guarantees home loans for eligible U.S. military members (active duty, veterans and surviving spouses). These don’t require a down payment, though there is a funding fee .

  3. VA home loan requirements for 2024 - AOL

    www.aol.com/finance/va-home-loan-requirements...

    VA home loan requirements for 2024. Jeff Ostrowski. December 21, 2023 at 3:54 PM ... VA home loan eligibility requirements. These are the main requirements for getting a VA-backed purchase loan:

  4. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

    www.aol.com/first-time-homebuyer-guide-mortgage...

    Texas: The My First Texas Home program is a low-interest 30-year loan with up to 5% interest-free down payment assistance. The program allows borrowers to work through this program to obtain an ...

  5. Mortgage Credit Certificate - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Credit_Certificate

    The MCC program is designed to help first-time homebuyers offset a portion of their mortgage interest on a new mortgage as a way to help homebuyers qualify for a loan. Because it is a tax credit and not a tax deduction , mortgage lenders will often use the estimated amount of the credit on a monthly basis as additional income to help the ...

  6. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments. [citation needed] It can also factor in a potential mortgage payment and other associated housing costs (property taxes, homeownership dues, etc.). One can test different loan sizes and interest rates.

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The FHA does not make loans. Rather, it insures loans made by private lenders. [21] The first step in obtaining an FHA loan is to contact several lenders and/or mortgage brokers and ask them if they are FHA-Approved by the U.S. Department of Housing and Urban Development to originate FHA loans.

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