Compare FHA, VA, and Conventional Loans
FHA Loans
Best for: Buyers with lower credit scores or smaller down payments.
Minimum Down Payment: 3.5%
Key Benefit: Easier qualification requirements.
VA Loans
Best for: Military service members and veterans.
Minimum Down Payment: 0%
Key Benefit: No private mortgage insurance (PMI) required.
Conventional Loans
Best for: Buyers with good credit and a larger down payment.
Minimum Down Payment: 5% to 20%
Key Benefit: No upfront mortgage insurance premium.
Which Loan is Right for You?
Choosing the right loan depends on your financial situation, eligibility, and long-term goals.
