Your Guide to VA, FHA, and Conventional Loans: Qualifying Made Easy
Navigating home financing can be overwhelming, especially for first-time buyers. Understanding VA, FHA, and Conventional loans is crucial. VA loans, backed by the VA, offer no down payment and no PMI. FHA loans cater to low-income buyers with flexible credit requirements. Conventional loans are issued by private lenders and come with varied down payments and stricter credit criteria.