VA Loan Programs

VA Loan Programs

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA). Like FHA loans, VA loans are backed by the federal government in order to protect lenders against default, an assurance that removes barriers to home buying...
FHA Loans

FHA Loans

An FHA loan is a federal-assistance mortgage loan offered by qualified lenders and backed by the Federal Housing Administration. During the Great Depression of the 1930s, soaring foreclosure and default rates led lenders to tighten their loan requirements to the...
Reverse Mortgages

Reverse Mortgages

Reverse mortgages are a means to convert part of the equity in a home into cash without having to sell the home or take on additional monthly bills, as required by home equity loans and second mortgages. Reverse mortgages are among the fastest-growing financial...