FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development

With a fixed rate mortgage, the interest rate does not change for the term of the loan, so the monthly payment is always the same

Conforming loans are conventional loans that meet bank-funding criteria set by Fannie Mae (FNMA) and Freddie Mac (FHLMC)

Many state, county and local government programs offer financing for qualifying low-to-moderate income families wishing to purchase their first home

Conventional loans are mortgage loans offered by non-government sponsored lenders

Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration

Tax free funds for Homeowners 62 years and older