What is the difference between a conventional, FHA, and VA loan?
If you are looking for a home mortgage, be sure to understand the difference between a conventional, FHA, and VA loan. Conventional, FHA, and VA loans are similar in that they are all issued by banks and other approved lenders, but there are some major differences between these types of loans. Read on to learn more about the different characteristics of conventional, FHA, and VA loans as of 2017, and find out which one might be right for you. Conventional Loans When you apply