A conventional loan is any mortgage loan that is not insured or guaranteed by the government (such as under Federal Housing Administration, Department of Veterans Affairs, or Department of Agriculture loan programs).
Choosing the right mortgage is a crucial step in the home buying process. By understanding the differences between VA and conventional loans, you can make an informed decision that best suits your financial needs and homeownership goals.
Reading and understanding your mortgage closing statement is a crucial step in the home buying process. It ensures that you are fully aware of the costs, terms, and obligations of your mortgage.
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Michael Tennant, a licensed mortgage professional (NMLS License #1404861), operates as a net branch of MortgageRight (NMLS License #2239).
The domain name "tennantlending.com" is owned by Michael Tennant and is not associated with a separate mortgage company.
This website aims to provide informative content and pre-qualification services to prospective borrowers.