HUD, FHA and VA homes.

Finding a home and securing financing through HUD, FHA or the VA can be an overwhelming task.

There is quite a bit of rumor and secondhand information concerning dealing with or utilizing this process and the My HUD Property team will try to supply all the information available to help eliminate the rumors and make this process as simple as possible.  When most people think about HUD or other government owned properties this first thing that come to mind is foreclosures.

Foreclosed HUD,FHA and VA homes are certainly an option when looking to purchase a home but more importantly is understanding the process of utilizing HUD, FHA, VA and other government agencies to help finance and purchase any home. Almost any home can be purchased using one of these programs, you are not restricted to foreclosed or government owned properties.  HUD, FHA and VA loans are basically guarantees to the mortgage company or bank against your loan.  Both offer no money down loans and currently VA guaranteed loans are available for over $400,000, depending on availability.  One of the easiest ways to start gathering information about purchasing a home through one of the these programs is to start with your bank.  Basically, who do you have your checking account through?  While each institution has there own rules and regulations concerning HUD, FHA or VA mortgages and properties, it is still a good place to start.  "Start", is the key word here.  Ask some questions, gather the information that they have available and use this as a "start"