The loan limits for FHA and VA have increased again and that is helpful for buyer's using those types of programs. There are additional incentives in the government's new programs to make it easier to buy homes using these programs. FHA only requires 3.5% down PLUS they have programs where you can also finance any upgrades or improvements you wish to make to the home.
Some of our Kauai lenders have more experience and focus on these types of FHA and VA loans. If you qualify for any of these programs, it may be worth checking out.
Check out the requirements for a VA LOAN with the Department of Veteran Affairs
Check out the program for FHA Loans and incentives for FHA in the "American Recovery and Reinvestment Act"
Thanks to Randy Prothero for building this chart
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