When it comes to purchasing a home, many people turn to government-insured loans as a way to maximize their mortgage. These loans, backed by agencies such as the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA), offer benefits such as lower down payments and easier qualifying requirements.
However, there are also potential pitfalls to be aware of. In this article, we'll explore the perks and pitfalls of government-insured loans to help you make an informed decision about your mortgage.
What are Government-Insured Loans?
|Maximizing Your Mortgage: The Perks and Pitfalls of Government Insured Loans