09/05/2018
Conventional? FHA? VA? USDA? Confused as to what type of mortgages there are? This article will help you understand each option out there!
Conventional Mortgage. This is the most commonly used type and usually has the best rates. You’ll typically need at least 10% for a down payment and good credit. Can be for 15 or 30 years or “interest only” where you are not paying any principal in your payment.