Category Loan Types

FHA vs VA Loan: Which Is Better If You Qualify for Both?

If you're a veteran who qualifies for both FHA and VA loans, VA almost always wins on cost. But there are edge cases. Here's the full comparison.

FHA loans offer lower down payments; conventional loans can drop PMI. We compare rates, credit requirements, and true costs to help you choose.

FHA charges MIP for the life of most loans; PMI drops off at 20% equity. This difference can cost tens of thousands. Here's the full breakdown.

FHA loans accept credit scores as low as 580 with 3.5% down. Here are all the requirements — and the costs most borrowers overlook.

To qualify for a conventional loan, lenders typically want 620+ credit, under 45% DTI, and 3–20% down. Here's what affects your approval odds.

The Conventional 97 lets you put just 3% down without FHA's lifelong MIP. Here's who qualifies, how it compares, and what lenders look for.