There are so many varied mortgage programs supported by the government that you should review with Michael Dunsky.

The following is a brief overview:

•  FHA - Federally Insured Mortgages offer lower down payments than conventional mortgages. FHA mortgages offer flexibility in income requirements and seller assistance. We can assist you in applying for a FHA Insured Mortgage, if you determine this to be the best option.

•  VA Mortgages require no down payment and are available to eligible military personnel, veterans, and widows or widowers of veterans. You must have a Certificate of Eligibility to apply. The rate is set by the VA and is competitive.

•  State Housing Authority Mortgages are available throughout New England to help low to moderate income residents buy a home. Many programs allow small down payments, and the interest rate or loan costs are generally lower than those associated with a conventional fixed rate mortgage program.

There are requirements set by the agencies on geographic area and eligibility. Funds are limited and subject to availability. Some of the recent programs you may have heard of include MHFA Funds, The New Hampshire Housing Funds, and Rhode Island Housing Funds.

During your initial prequalification, Michael Dunsky will highlight these government programs, advise you of your eligibility, and help you determine which type of loan would be best for you.