This is the most popular, it allows for a low down payment and you’ll need to pay mortgage insurance along with it. Also lower credit scores are permissible.
The Department of Agriculture guarantees these loans. They are similar FHA, however sometimes there can be no down payment. And no, you don’t need to run a farm to be eligible for this.
This is for past and present military veterans and surviving spouses. This allows lenders to offer mortgages with special features, such as no down payment.
These government sponsored entities work with local lenders to offer mortgages, grants and programs for low and moderate-income families
Many states and counties offer grants to help first-time home buyers. Don’t get too excited over this program. Income restrictions apply. And I find that if your income is low enough to qualify for these programs, you probably don’t have enough income to qualify for a mortgage unless you have a very large down payment.