Va Mortgages Va Mortgage Vs Fha

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Posted on February 16, 2019 at 15:48 PM

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VA loan - Wikipedia
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
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FHA home loans are one of the most popular types of mortgages in the United States. With low down payments and lenient credit requirements, they're often a good choice for first-time homebuyers and others with modest financial resources.
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Loan and Mortgage Terminology. Several terms are commonly used when discussing loans and mortgages. It is important to understand them before borrowing or lending.

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