Perhaps you're a first time home buyer confused by all the financing options that are available. You may have heard your real estate agent or lender speak about first time home buyers loans, FHA loans, VA loans, HUD homes, and other federal housing programs. If all of this confuses you, don't worry; it's confusing to most people. The truth is the federal government is eager to help first time home buyers purchase their first property, so they have several programs in place to help you do just that.