Finding the Right Home Loan: FHA, USDA, VA, or Conventional?
Posted On: February 7, 2025 by Prevail Bank in: Home Loans
Buying a home is an exciting milestone, but the variety of loan options can feel overwhelming. Let’s break down the differences between FHA, USDA, VA, and conventional home loans to help you decide which might be the best fit for you.
FHA Loans What are they?Backed by the Federal Housing Administration, FHA loans are designed for buyers with moderate incomes or less-than-perfect credit.
Benefits: Low down payments (as low as 3.5%). Flexible credit score requirements. Ideal...
