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Is there a home purchasing program available to federal employees?
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Department of Defense
The Department of Defense (DoD) is charged with coordinating and supervising all agencies and functions of the government relating directly to national security and the United States armed forces. The mission of the Department of Defense is to provide the military forces needed to deter war and to protect the security of our country.
The Department of Defense is America's oldest and largest government agency -tracing its roots back to pre-Revolutionary times. Today, the Department is not only in charge of the military, but it also employs a civilian force of thousands. With over 1.4 million men and women on active duty, and 718,000 civilian personnel, DoD is the nation's largest employer. Another 1.1 million serve in the National Guard and Reserve forces. More than 2 million military retirees and their family members receive benefits.
Perhaps you are working for the DoD or interested in working for the DoD. Here is a forum to share your experience with the DoD.
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Rank: Member
Groups: Registered
Joined: 8/25/2008(UTC)
Posts: 19
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I am planning on purchasing a home in the near future and if there is a home purchasing program available to federal employees I should know about I would go that route first.
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Rank: Senior Member
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Joined: 8/25/2016(UTC) Posts: 5,811  Location: Midwest Thanks: 150 times
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A conventional loan will have better terms. If you need a "program" to qualify for a loan, you probably are not in a good enough position to have a home loan.
That is what I gathered when I purchased my home in 2012. I qualified for a VA loan, but it would have been more expensive. |
Socialist governments traditionally do make a financial mess. They always run out of other people’s money. --Margaret Thatcher |
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Rank: Senior Member
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State and local agencies frequently have house buying assistance available, and individuals are able to gain HUD grants. There is occasionally house selling assistance available for federal employees who are PCS'ing. House buying assistance through federal employment might exist somewhere, but it's doubtful one could rely on it.
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Rank: Newbie
Groups: Registered
Joined: 1/18/2022(UTC) Posts: 2 Location: Virginia
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There are various loans out here for govt/military workers. Many of them are unknown outside of the lender circles. If you want to send me a PM I can give you a direction to head to.
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Federal Soup
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Is there a home purchasing program available to federal employees?
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