USDA Home Loan - The United States Department of Agriculture partners with approved local lenders to offer 100 percent financing to eligible borrowers who wish to reside in rural or developing areas. The USDA Guaranteed Loan is specifically meant to assist rural homebuyers with competitive interest rates and loan terms. 640 is typical credit score required by most lenders and you don't have to be a first time buyer. 

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FHA Home Loan - Borrowers can qualify for an FHA loan with a down payment as little as 3.5% for a credit score of 580 or higher. The borrower’s credit score can be between 500 – 579 if a 10% down payment is made.  It’s important to remember though, that the lower the credit score, the higher the interest rate the borrower will pay.

 

VA Home Loan - A VA loan (also known as a Veterans Administration (VA) home loan) is one of the most useful military benefits. If you qualify, you can buy or refinance a home mortgage with as little as $0 down, with great rates and financing up to $424,000. 

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Conventional Loan - A conventional loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). It is typically fixed in its terms and rate. With most lenders the down payment is determined by credit score and may require up to 20% down.