An FHA loan is a type of mortgage backed by the Federal Housing Administration that allows borrowers to purchase a home with a lower down payment and more flexible credit and income requirements compared to traditional mortgages.
• Buy without a down payment
• Easy qualification, even with lower credit scores.
• Secure savings with competitive rates.
• Qualify easily with flexible criteria.
• Maximize financing options.
• Boost property appeal with assumable loans.
A VA loan, provided by the U.S. Department of Veterans Affairs, is a mortgage option available to eligible veterans and active-duty service members that allows for home purchases with no down payment and more lenient credit requirements compared to conventional loans.
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