FHA, VA and Other Programs

If you are looking to buy your first house there are many programs that Mid Atlantic Capital can offer you.

Mid Atlantic Capital is an FHA (Federal Housing Administration) approved licensed correspondent lender. Through the FHA, an individual can buy a house with as little as 3% down while maintaining conforming (good) rates. FHA may also be able to assist clients with past credit problems or no credit. These are approved on a case by case basis.

Mid Atlantic Capital is also a VA (Department of Veteran's Affairs) approved licensed correspondent lender. Using the VA program, qualified candidates can sometime purchase a home with no down payment, paying only closing costs.

Additionally, if a client has strong credit, Mid Atlantic Capital has many programs that offer similar benefits to the FHA without the government regulations.

Mid Atlantic Capital often recommends that first time homebuyers use a realtor. The use of a realtor often allows for the purchase process to progress in a much more effective way.