Let’s decode the mortgage alphabet soup:
– Conventional: Great if your credit’s solid and you’ve got some money down
– FHA: Lower credit and down payment? This one’s for you
– VA: For veterans — zero down and no PMI
– USDA: Rural homes with 0% down, if you qualify
– ARM: Adjustable rates — good short term, risky long term
Not sure which one’s right for you? That’s what I’m here for
