Buying a home is one of the biggest financial decisions most people will ever make, but choosing the right type of mortgage is just as important as choosing the home itself. For eligible service ...

VA loans offer many benefits such as no down payment or mortgage insurance, easier qualifications and lower interest rates. However, they also have drawbacks such as a required funding fee, property ...

Q: I’m a retired veteran looking to purchase my first home. A friend of mine recommended a VA loan, but I’m not sure if it’s right for me. What are some VA loan pros and cons I need to consider? A: ...

VA loans and FHA loans both aim to make homeownership more accessible, but they serve different groups and have distinct rules. VA loans, backed by the Department of Veterans Affairs, are available to ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. VA loans are one of the ...

If you're a service member or veteran exploring homeownership, the VA loan is an excellent tool. VA home loans typically have no down payment or private mortgage insurance (PMI) requirement, and you ...

Veterans Affairs (VA) loans have significant advantages, from a 0% downpayment to lower interest rates. If you have a VA entitlement, you could secure a VA loan with 100% financing. What if you ...

If you're a veteran or an active service member looking to buy a home, you can get a zero-down payment mortgage to finance one. VA loans are mortgages guaranteed by the U.S. Department of Veterans ...