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COMMOM TYPES OF

Conventional Loans are the most popular home loan because they are less restrictive, there are fewer required fees, and fewer terms to qualify.

FHA Loans is a type of loan that can allow you to buy a home with looser financial requirements. You may qualify for an FHA loan if you have debt or a lower credit score. Popular with many first-time homebuyers for these reasons.

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Jumbo Loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan varies from county to county. Loan limits are determined by the Federal Housing Finance Agency (FHFA). Homes that exceed the local conforming loan limit require a jumbo loan.

VA loans are designed exclusively for active and former military members and their families. Backed by the U.S. Department of Veterans Affairs, these loans offer great advantages to those who are serving, or who have served in the U.S. Armed Forces.

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