This program is good for home buyers with minimal savings and/or minimal credit history

• Blemished credit is often workable: available for scores as low as 620
• Alternative credit references are acceptable
• Seller can pay 6% toward closing costs
• Down payment requirement is only 3.5%
• Mortgage insurance is less expensive than competing programs
• No income limit
• County loan limits apply
• Fixed-rate
• No prepayment penalty
• No points required