Move aside, big cities. American suburbs are making their way back into the spotlight.

Many Americans are ditching the allure and convenience of big, crowded cities and instead opting for the comfort of a quieter life in close-knit communities found in suburban neighborhoods.

A recent study conducted by realtor.com found that Apex, a small suburb in North Carolina, is the fastest-growing suburb in the country. The town has been dubbed "Millennial Mayberry" and young families are moving there in droves to enjoy things they can't find in larger cities: access to schools, affordable housing and a charming downtown area.

This trend is true across the country, with urban growth slowing and younger generations instead opting to move to smaller cities with smaller populations. In fact, a Census-conducted study of the fastest-growing populations found that 14 of the 15 top cities were smaller suburban cities, much like Apex.

Whether you're looking to buy your first home in smaller suburb or a larger community, we want to help you find a loan program that's right for you to help make that possible. We offer loan programs to fit almost every situation, even for those who have a low down payment.

FHA Loans
FHA home loans allow buyers who may not qualify for a conventional mortgage to get a loan. This type of loan offers smaller down payments, has flexible income requirements and lenient credit criteria. FHA loans are available for single family and multifamily homes and pose less of a risk to the issuing bank because the Federal Housing Administration (FHA) guarantees against default.

VA Loans
VA home loans are available to military personnel who have served either 181 days during peacetime, 90 days during war or spouses or servicemen who went missing or passed away in action during their service. These types of loans require no down payment and were established to help veterans and their families find housing. The Veterans Administration provides insurance to lenders in case a loan is defaulted on, which allows lenders to offer lower interest rates than a conventional home loan can offer.

So, how do you know which loan is right for you? It can be overwhelming to decide on a loan type, but it is an important decision that should be researched thoroughly. At Premier Mortgage Resources, we want to be your trusted resource that you can turn to with all of your questions. Get started by finding a loan officer today.