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A conventional mortgage refers to any loan that is not insured or guaranteed by the federal government, as opposed to government-insured loans including Federal Housing Administration (FHA), U.S. Department of Veteran Affairs (VA), and U.S. Department of Agriculture (USDA). Learn more here - https://themortgageladyteamfairway.com/<br><br>Address -<br>Company : The Mortgage Lady Team Fairway<br>Address : 111 Solana Road, Suite B<br>City : Ponte Vedra Beach<br>State : FL<br>Zip code : 32082<br>Phone number : (904) 383-8374<br>E-mail : chris.chartier@fairwaymc.com
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If you’re a military veteran or still in active service, you may qualify for a U.S. Department of Veterans Affairs (VA) loan.
These often require no down payment and have lower closing costs, which can help keep your savings secure.
Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan, a down payment of only 3.5% is required.
A conventional mortgage refers to any loan that is not insured or guaranteed by the federal government, as opposed to government-insured loans including Federal Housing Administration (FHA), U.S. Department of Veteran Affairs (VA), and U.S. Department of Agriculture (USDA).
Conventional mortgages (whether conforming or not) typically have a slightly higher down payment than government loans; however, this loan option normally provides more flexibility with fewer restrictions.
Contact Us: Fairway Independent Mortgage Corporation 111 Solana Road, Suite B Ponte Vedra Beach, FL 32082 (904) 383-8374 https://themortgageladyteamfairway.com