- Conventional vs. FHA vs. VA loans: how the three main financing paths compare
Three names get repeated in every home-buying conversation: Conventional, FHA and VA. Here is what each one actually is, how they differ structurally, and how to reason through which financing path may fit your situation.
- Mortgage options for W-2 employees: salaried, hourly, and variable pay
W-2 income is the most common path through mortgage underwriting, but salary, hourly, bonus, and commission pay are not all viewed the same way. Here is how each works.
Important disclosures
- Planning estimates only. Not an approval, pre-approval, guaranteed qualification, guaranteed rate or lending decision.
- This is not a commitment to lend.
- Final eligibility requires lender and licensed MLO review.
- Rates, pricing, guidelines and program availability change and vary by borrower and property.
- Program availability varies by state.
- Equal Housing Opportunity.