In this episode of Good Money Moves, titled "Mortgages Made Easy: Picking the Right Loan E26," Jenna Taubel, is joined by Nick Meeker, our real estate lending manager at First Alliance Credit Union. Together, they explore the diverse world of mortgage options beyond the conventional 30-year fixed loan. Together they dive into the pros and cons of FHA, VA, and USDA loans, highlighting their unique benefits and requirements.

Nick explains how credit scores, debt-to-income ratios, and down payments influence loan eligibility. We also discuss the differences between 30-year and 15-year terms, as well as the risks and advantages of balloon and adjustable-rate mortgages. Whether you're a first-time homebuyer or looking to refinance, this episode is packed with insights to help you navigate the mortgage landscape confidently.

First Alliance Credit Union is federally insured by NCUA & an Equal Housing Lender.