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What is a VA Loan?

A VA Loan is a mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA). It is designed to help veterans and active-duty military personnel purchase homes with no down payment, no mortgage insurance, and favorable loan terms. The VA Loan Program also provides veterans with more flexible credit requirements, allowing them

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What Is An FHA Loan?

An FHA Loan is a type of mortgage insured by the Federal Housing Administration (FHA) and is designed to help first-time home buyers or those with less-than-perfect credit qualify to buy a home. This loan typically requires a smaller down payment (and offers more flexible lending requirements than a traditional mortgage, making it a great

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