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Does Gershman Mortgage offer any special programs for first-time buyers?

April 26, 2017Buyers first-time gershman mortgage Offer Programs special

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Does Gershman Mortgage offer any special programs for first-time buyers?

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Yes, certain government programs offer first-time homebuyers low down payment loans. FHA loans, insured by the Federal Housing Administration, are popular among first-time buyers and anyone can apply for an FHA loan. VA loans, guaranteed by the Veterans Administration, are available only to qualified veterans. Both programs offer low and no down payment options. First-time buyers in Missouri may also be eligible for Missouri Housing Development Commission’s (MHDC) Mortgage Revenue Bond Program.