What Residential Home Loan is Best For You? FHA? VA? Conventional?
By Brenda J. Andrew, Professional Realtor in Conroe/Willis, TX
(ULTIMA REAL ESTATE)
What Residential Home Loan is Best For You? FHA? VA? Conventional? Jumbo?Buying a home can be an overwhelming process. One of the first things you need to do is get prequalified with a lender. Your local real estate professional can help you through the process by giving you a referral to reputable lenders in the area.There are several different types of home loans to choose from when purchasing a residential home, condo or townhome. The main 3 types are Conventional, FHA, and VA. There are different qualifications for each one. For example; if you are a Veteran or currently serving in the U.S. Military, you may qualify for a VA Loan. A VA loan is guaranteed by the Veterans Administration. A VA loan is a great option for Veterans and Active Duty Military due to the Zero Down terms...
Comments
4