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FHA Loans

Other Government-Backed Mortgage Programs


FHA Loan Programs
Each borrower's goals and situation are unique. As a borrower seeking the security and affordability of a government-backed loan, there are some cases in which one program offers benefits better-suited for a borrower than does another. It can be beneficial for a Veteran to go over numbers and details about other programs, such as those offered by FHA, and choose the loan that offers the best overall fit.


Our goal is to help put Veterans and their families in the best government-backed loan possible. To do this, the available government program offerings are reviewed, and the borrower is assisted in selecting the loan that will yield the best overall situation.


Get Started with Your VA Home Loan  

I'm interested in: VA Only   VA & Other Gov't Loan Programs  
Form FVA-P701 Form FVA-R702 VA Benefit Inquiry Form

FHA Loans


Many Veterans opt to go with an FHA loan. An FHA loan, like a VA loan, is a mortgage loan secured by the federal government. An FHA loan, though, is secured by insurance through the Federal Housing Administration rather than the guaranty of the Veteran's Administration.


Like VA Loans, FHA loans lower the barriers to homeownership by providing consumers with favorable loan terms, and lowering down payments and other costs. There are important differences between FHA Loans and VA Loans. Which is best for you will depend on your individual situation.


VA Mortgage FAQ's


How are VA mortgage rates determined?

The VA does not set the rates on any home loans. VA mortgage rates, like most mortgage interest rates, change often.  The VA and FHA loan interest rates typically move up and down along with conventional loan rates, and borrowers can expect VA home loan rates to be close ... View FAQ


Are there circumstances when a VA home loan might NOT be the best option for me?

Many borrowers want to know whether the VA home loan guaranty program is their best option.  Of course, it depends on all of the circumstances being considered. In most cases, for someone who is VA eligible, the VA Home Loan Guaranty Program offers the most benefits and flexibility.  ... View FAQ


Other Veteran Loan Questions | Ask a Question



Related Special Topics


VA Loans: Only A Small Portion of Veterans Are Using Their Benefit


Much of the news in early 2009 is about mortgages.  With zero money down and no private mortgage insurance, many argue a VA loan is hard to ... Read More



VA or FHA- What's the Right Home Loan for You?


When examining the home loan programs of the Federal Government, one may wonder whether a VA home loan or an FHA mortgage is more appropriate.  There are definite differences ... Read More



The VA Loan And The FHA Loan: What's The Difference?


VA loans and FHA loans are considered government loan products. FHA loans are those that are insured by the Federal Housing Administration, a branch of the government.  VA loans ... Read More



Other Special Topics

 
 
Direct VA Loans web site is a service of the Veteran Services Department of iFreedom Direct Corporation, NMLS #3122, a lender approved by the VA to originate VA Mortgages. We are not the Department of Veterans Affairs or any other government agency. The Department of Veterans Affairs does not lend money to borrowers. iFreedom Direct is a direct lender originating VA Home Loans across the United States. The Federal Government guarantees our VA Loans. Our primary lending offices are located at: 2363 S. Foothill Drive, Salt Lake City, Utah 84109. Customers with questions regarding our loan officers and their licensing may visit the National Mortgage Licensing System & Directory for more information.
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