Types of Home Loans
March 8, 2024
Federal Housing Administration (FHA)The most common type of financing utilized in home purchases due to its less-stringent Buyer qualification requirements. Downpayment: 3.5+% of purchase price. Veteran’s Affairs (VA) Financing specifically for active duty, past US Military personnel, or survivors. Proof of veteran status is usually provided via their DD214. Downpayment:
