Today I am discussing the differences between FHA, Conventional & VA Loans.
 
FHA - minimum 3.5% down, PMI for life of loan, typically higher closing costs, lower credit/requirements
Conventional - minimum 3% down, PMI drops off at 20% loan to value, higher credit/income requirements
VA - 100% financing, no PMI, very competitive interest rates
 
Jordan Chronopoulos
jordan@chronoresidential.com

Today I am discussing the differences between FHA, Conventional & VA Loans. FHA - minimum 3.5% down, PMI for life of loan, typically higher closing costs, lower credit/requirements Conventional - minimum 3% down, PMI drops off at 20% loan to value, higher credit/income requirements VA - 100% financing, no PMI, very competitive interest rates Jordan Chronopoulos jordan@chronoresidential.com

Today I am discussing the differences between FHA, Conventional &amp; VA Loans.
 
FHA - minimum 3.5% down, PMI for life of loan, typically higher closing costs, lower credit/requirements
Conventional - minimum 3% down, PMI drops off at 20% loan to value, higher credit/income requirements
VA - 100% financing, no PMI, very competitive interest rates
 
Jordan Chronopoulos
jordan@chronoresidential.com

FHA vs Conventional vs VA | What's the Difference?

Over the past five years, Jordan has proven his capabilities in the real estate business. He’s a top 5% DC metro agent and is the youngest person ever on the Board of Directors for GCAAR. In 2020, he closed $10 million, and in 2021, his first year as a solo agent, he closed over $21 million. He was also named the 2021 GCAAR Rookie of the Year. This podcast will cover real estate, business, and many other topics. Please send a message of any topic(s) you would like me to cover.

Share FHA vs Conventional vs VA | What's the Difference?

Sign up to save your podcasts

FHA vs Conventional vs VA | What's the Difference?

FHA vs Conventional vs VA | What's the Difference?