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Conventional loans are mortgage loans that are not insured or guaranteed by a government agency, typically requiring higher credit scores and down payments based on the lender's private guidelines.
FHA loans are mortgage loans insured by the Federal Housing Administration (FHA) that enable borrowers with lower credit scores and smaller down payments to qualify for homeownership with more flexible lending requirements.
VA loans are mortgage loans guaranteed by the U.S. Department of Veterans Affairs (VA) that offer favorable terms and benefits to eligible military service members, veterans, and their spouses, including no down payment requirements and competitive interest rates.
USDA loans are mortgage loans backed by the United States Department of Agriculture (USDA) that offer affordable financing options for low- to moderate-income borrowers in rural areas, providing 100% financing and flexible eligibility criteria.
Why Your Credit Score Matters When Buying a House
Jan 14, 2025
Learn why your credit score is key to securing better mortgage rates, saving money, and unlocking your dream home. Discover tips to improve your score today!
Unlock Your Home’s Potential with a Fixed-Rate HELOC
Jan 07, 2025
Learn how fixed-rate HELOCs provide stable payments and flexibility, making them an excellent choice for tapping your home’s equity.
FHA Gift Funds: Unlocking the Door to Your New Home
Dec 31, 2024
Discover how FHA gift funds can reduce upfront homebuying costs. Learn who can give them, how they work, and why they’re key to unlocking homeownership.
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