FHA Loans
FHA Loans: Insured by the Federal Housing Administration. Protects lenders against borrower default. Suitable for buyers with lower credit scores and limited down payment capacity. Mortgage insurance is required.
Read MoreConventional Loans: Mortgages not insured or guaranteed by the federal government.
Adheres to Fannie Mae and Freddie Mac guidelines.
Typically fixed in both term and rate.