FHA

Most buyers who need a new loan are having to apply through the FHA. And that is a real pain. But now the FHA is required to give everybody the same interest rate, no matter what the credit score is! So, if you qualify as able to pay the monthly note, you get the loan.

For folks with lower credit scores, the FHA "same rate for everybody" policy means that they get a much lower interest rate than they would had they applied for a conventional mortgage. And you get into your home with only 3% down should you have very little money. And the interest rate is very good!

With this scenario, buying a home today means going to the FHA for the loan. And the process is tedious.

Be that as it may, http://www.johncmartin.com is ready to help you, no matter how you wish to buy.