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Mortgages Made Simple

Expert help for first time home buyers


So you are ready to buy your first home - congratulations! Buying a home is a huge accomplishment and also a substantial investment.  It is important to be educated about the home buying process and your loan options to ensure you make the right decision and make the most of your home investment. 

Before searching for a home, it makes sense to find out how much home you can afford.  A Virtua Funding loan agent can pre-approve you for a mortgage right over the phone.  Your loan agent can then recommend a local real estate agent in your area (or work directly with a real estate agent you have found) to help you buy the home of your dreams.

Once you find a home and your offer is accepted, you will need to choose the best loan program to fit your needs.  There are many types of loans available for first-time buyers, including FHA loans, adjustable or fixed rate loans, and loans that require low-down payments. 

In addition, for a limited time, government stimulus money is available for first-time homebuyers and those who have not purchased a home in the previous three years. 

It is a great time to become a homeowner.  Virtua Funding can help.  Call or start the process online today!

Experience the Security of an FHA loan


A Federal Housing Administration (FHA) loan is a secured loan that is insured through the US Department of Housing and Urban Development (HUD) and offered exclusively by HUD approved lenders.  FHA loans help borrowers acquire loans with low down payments. These loans typically have more lenient underwriting processes than conventional loans and offer uncomplicated credit qualifying standards with low closing costs, while allowing for higher monthly debt levels.