Are you a veteran of the military if you are, you can apply for a Veterans Administration loan. Veterans Administration loans are guaranteed by the U.S Government. You do have to pay it back it is not a free loan. As with any loan you have to be able to afford to make the payment but the Veterans Administration loan has perks, lower interest rates plus you don't to pay mortgage insurance an no down payment.

The VA doesn't pay for the loan they just guarantee it that means if you default the amount you borrowed is covered. If you pay your loan back you can use it again, however, it does have to be your primary residence.  If you are a Veteran and would like more information on getting a home loan or any other benefit that you are entitled to click here.