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I would ike to inform about 10 homebuyer that is first-time in 2020
1. FHA loan
2. USDA loan
3. VA loan
4. Good Neighbor Next Door
5. Fannie Mae or Freddie Mac
6. Fannie Mae’s HomePath ReadyBuyer System
7. Energy-efficient mortgage (EEM)
8. FHA part 203(k)
9. State and regional homebuyer that is first-time and funds
10. Indigenous United States Direct Loan
FHA loan program: that loan insured because of the Federal Housing management. Beneficial to individuals with low credit ratings and small money conserved for the deposit.
USDA loan system: that loan program 100 % assured by the U.S. Department of Agriculture for lower-income borrowers in qualified areas that are rural.
VA loan system: that loan supported by the U.S. Department of Veterans Affairs enabling no deposit for armed forces workers, veterans and their loved ones.