What are USDA, FHA, and VA Loans? from fha mortgage rates today Watch Video
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Description: All three of these types of loans are secured by government agencies, so you’ll often see them lumped together. They are, however, quite different. FHA is a loan with less aggressive underwriting requirements. A VA loan is for Veterans only, and the guidelines are created by the Veterans Association. A USDA loan is a loan for properties in rural areas. With all this overlap, it’s easy to confuse them but at the end of the day, they are all for very different needs. Again, they’re usually l
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