1 1 1
1

Information Request Help:

 1
1


Conventional and Government Loans
Any mortgage loan other than an FHA, VA or an RHS loan is conventional one.

    Government loans
  • FHA Loans - The Federal Housing Administration (FHA) administers various loan mortgage programs
  • VA Loans - VA loans are guaranteed by U.S. Dept. of Veterans Affairs
Why it's needed:
There are different options available to different types of loans. For instance, VA loans often look for a 125% income to expense ratio when considering loan workouts.

sd
1 1 1