VA Loan Closing Costs: What Fees Should You Expect?

When buying or refinancing a home with a VA loan, you'll be responsible for paying closing costs. These fees are necessary to cover the processing and finalizing of your loan. While all loans come with closing costs, VA loans have a few specific fees. Here's a breakdown of what to expect with VA lo

VA Home Loans: A Source for Information on VA Loans

A VA home loan is a mortgage option backed by the government, available to eligible veterans, active military members, and surviving spouses. These loans can be used to purchase or build a home, make improvements, or refinance an existing mortgage. VA loans offer more favorable terms compared to tr

Conventional Loans: Requirements and What You Need

What is a Conventional Loan? A conventional loan, also known as a conventional mortgage, is a loan offered by private lenders such as banks, credit unions, or mortgage companies. These loans are not backed by the government. Many conventional loans are purchased by Fannie Mae and Freddie Mac, so le

FHA Loans: A Comprehensive Guide to Federal Housing Administration Loans

An FHA loan is a mortgage insured by the Federal Housing Administration (FHA). It comes with both advantages and disadvantages, which can help you decide if this loan type is right for you. FHA Loans: A Comprehensive Guide to Federal Housing Administration Loans FHA loans, backed by the Federal Hou