sister and i looking to both buy homes at the same time in different cities, floridaWe are trying to do all the research before income tax day (money for down payments/earnest money/appraisals) and the new year. We are both first time home buyers and one is in the military. What is going to be the best deal to get into? VA loan, FHA , 203k Renovation loan? Were excited but over whelmed at all the options and frightened at the same time with all the options and what unexpected costs can pop up through the process of each different type. Neither has an exorbitant amount of money for a down payment/all costs involved and this mean less the 5k if even. I hear of friends getting into a home with about $3k. One lives in Tampa and one in the Jacksonville area and amount the same credit 660. The one in Tampa is married and has duel income, both looking for $100k home or $50k with 30k renovation loan money...... is one loan better then the other? I feel like i cant find straight answers with my research. Also on a quick note we are open to new construction. September 23 2013 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.