GOVERNMENT-BACKED
FHA / VA / USDA
Three distinct government-backed programs designed to make homeownership accessible — with low or zero down payment options and flexible qualifying guidelines.
Low & Zero Down Options
FHA - Federal Housing Administration
Down payment
3.5%
with 580+ credit score
Credit score
580+
500-579 with 10% down
Easier to qualify — more flexible credit and income requirements
Great for first-time buyers or those rebuilding credit
Requires upfront and annual mortgage insurance premium (MIP)
VA - Veteran Affairs
Down payment
$0
No down payment required
PMI
None
No mortgage insurance
Zero down payment — exclusive benefit for veterans & active duty
No private mortgage insurance — saves hundreds per month
Competitive rates and a lifetime benefit that can be reused
Requires VA funding fee (can be rolled into loan) and Certificate of Eligibility
USDA - Rural Development
Down payment
$0
For eligible rural areas
Income limits
Apply
Area-specific limits
Zero down payment for eligible rural and suburban areas
Some areas in Bristol, Plymouth & Norfolk counties may qualify
Income and property location eligibility requirements apply
Settle down in your new home without a loan you had to settle for
MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER
Aisha Barbosa NMLS # 2401636 | LMP Financial NMLS # 2754084
Licensed in Massachusetts and Rhode Island
