A common misconception is that FHA loans are for first-time home buyers and conventional mortgages are for more established buyers but that is not necessarily true. It can be true in some cases but not all.  FHA loans are insured by the Federal Housing Administration, and conventional mortgages aren't insured by a federal agency but rather by private lenders. Both types of loans hav...

• calendar_month November 8, 2022
• category loans
• post first time homebuyers

The United States government established the VA home loan in 1944 to assist returning military veterans buy homes without a down payment or excellent credit. More than 25 million VA loans have been guaranteed by this illustrious program, assisting veterans, active duty service members, and their families in either buying or refinancing a house. It's crucial to comprehend this program and...

• calendar_month November 15, 2022
• category Loans
• post Loans