When seeking a mortgage, you'll likely come across two primary categories of loans: conforming and non-conforming. Grasping the differences between these two can significantly impact your mortgage options. Conforming loans adhere to guidelines set by Fannie Mae and Freddie Mac, presenting them as more readily available. Conversely, non-conforming l

FHA loans provide a fantastic chance for potential homebuyers to attain the dream of owning a property. These government-backed loans are created to assist homeownership easier to achieve by offering lenient criteria. With FHA loans, borrowers can often obtain financing with lower credit ratings and deposited down payments. Furthermore, FHA loans h