Government Loans VA - FHA

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Buying a home is an important step to financial security, and the right mortgage financing can make it a reality. Let Wells Fargo Home Mortgage, the nation's leading provider of loans backed by the FHA and VA1, see if these programs are right for you. FHA Loans The Federal Housing Administration (FHA) insures qualified loans offered by Wells Fargo to promote homeownership for those with: low- or moderate-income limited savings FHA loan limits vary by county, with larger loan amounts allowed in areas with higher housing costs. Contact a Wells Fargo Home Mortgage consultant to see about FHA loan limits in your area. FHA loan features include: Low down payment requirements Flexible income, debt, and credit requirements to help borrowers qualify Down payment and closing costs that may be funded by a gift, grant or secured loan A variety of fixed-rate and adjustable-rate loan options from Wells Fargo Home Mortgage VA Loans The Department of Veterans Affairs (VA) guarantees loans offered by Wells Fargo to help qualified veterans, reservists, and active-duty service members2 to finance their homes. VA loans are suited for veterans with: low- or moderate-income limited savings VA loans offer these features: A no down payment option Flexible income, debt and credit requirements to help borrowers qualify Down payment and closing costs that may be funded by a gift, grant or secured loan A variety of fixed-rate and adjustable-rate loan options from Wells Fargo Home Mortgage Start Your Application Apply Now   1 Based on year-end 2006 statistics by Inside Mortgage Finance 3/02/07. 2 Check with your regional VA office to determine your eligibility.