Updated almost 6 years ago on . Most recent reply
VA vs. FHA Which loan to use?
I have currently been approved for a loan with better mortgage, but I am also serving in the military. Currently, I am deployed, but I am looking to invest in my first house hack. I will be talking to a loan officer with the VA loan shortly. I want to know the opinion of the community on which loan I should focus on using for the house hack. FHA with better mortgage or VA? Thank you.
Most Popular Reply
@Everett Morris
The VA loan everytime. There's no PMI and its 0%. You can also roll up to 6% of the total purchase price into the loan to cover closing costs and the funding fee.