Best mortgage programs??

I am first time homebuyer in Texas and looking for mortgage of $200000. Me and my spouse have good credit and about 10% to put down. Since there are so many mortgage programs out there, can someone list a few good mortgage programs for first time home buyers???

Public Comments

  1. FHA, My Community, VA......I recommend First National Banc Corp. They do business in most states and are your best opportunity for someone to say yes. ADDITIONALLY, IF YOUR CREDIT IS SUSPECT, THEY SOMETIMES FRONT THE MONEY TO GET YOU INTO A CREDIT RESTORATION PROGRAM SO THAT YOU CAN QUALIFY FOR A LOAN. Check out the free evaluation form at the source website and a First National loan officer will contact you within 24 hours. Good luck.
  2. It all depends on what you want. Some of the first time home buyer programs are very time consuming and tedious. Those are usually administered by the government. FHA / VA etc. There are great deals available through most traditional lenders that will allow better service and more flexability. Typically, government programs will not allow you to go stated if you need to. Stated means you do not have to provide proof of income. Usually this means a higher rate. My company however, does not have an add for stated if you have good credit. This allows you to get the best rate and the process is very smooth. I also recommend to my clients that they look into other government assistance such as down payment help, mortgage payment supplements, tax credits etc. You can never have enough free money. Give me a call if you would like to talk more. Art Talley (888) 292-8001. The Home Loan Group...a Chase affiliate
  3. Please don't go to people in here spamming for business. Talk to a few lenders in your area with names you recognize, like Countrywide. There are a ton of first time home buyer programs out there, and your lender will help you select a program for your situation.
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