FHA FINANCING
An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan which is provided by an FHA-approved lender.
VA FINANCING
A VA Loan is a mortgage loan guaranteed by the United States Veterans Affairs.
USDA FINANCING
USDA guaranteed home loans can fund only owner-occupied primary residences. Other eligibility requirements include U.S. citizenship (or permanent residency) A monthly payment — including principal, interest, insurance, and taxes.
CONVENTIONAL FINANCING
A conventional loan is a mortgage usually backed by Fannie Mae or Freddie Mac. Conventional loans typically have fixed interest rates and terms.
NON-QM LOAN
A Non-Qualified Mortgage is any home loan that doesn’t comply with the Consumer Financial Protection Bureau’s (CFPB) existing rules on Qualified Mortgage