FHA Loans vs. Conventional Loans: Which Is Right For You? Loan Types | If you’re house hunting, you’ve probably come across two popular types of home loan options:FHA loansConventional loans The biggest difference between these two options is that FHA loans are insured by the Federal Housing Administration, whereas conventional loans are insured by private lenders. FHA loans are generally more lenient when it comes to your financial qualifications. For that reason, some people assume FHA loans are always best […]

15 vs. 30-Year Mortgage: Which Is Right For You? Loan Types | Whether you’re a first-time homebuyer or a seasoned househunter, choosing the best mortgage option is important to set you up for success. Home loans come in many shapes and sizes, but two of the most common ones are 15-year mortgages and 30-year mortgages. Both of these types of mortgages have their advantages and disadvantages, depending on your unique needs and financial goals. Read on to see how these […]