If you’re thinking of buying a home then you’re probably looking forward to the dream of homeownership.  But, first you must determine how much home you can afford to buy. 

An FHA (Federal Housing Administration) mortgage is a type of home loan that's insured by the Federal Housing Administration, which is a part of the U.S. Department of Housing and Urban Development (HUD). These mortgages are popular among first-time homebuyers or those with lower credit scores because they often have more lenient qualification requirements compared to conventional loans.

A VA loan is a mortgage loan program available to eligible veterans, active-duty service members, reservists, and some surviving spouses, guaranteed by the United States Department of Veterans Affairs (VA). These loans are designed to help qualifying individuals purchase a home with favorable terms and often without a down payment.