Michael DiLucchio

An FHA loan is a type of home loan that is insured by the Federal Housing Administration (FHA), a government agency. This type of loan is designed to make home ownership more accessible, particularly for first-time homebuyers or those with low to moderate incomes. To qualify for an FHA loan,

A conventional mortgage loan is a type of home loan that is not insured or guaranteed by the government. This type of loan is commonly offered by private lenders, such as banks, credit unions, and mortgage companies. Conventional mortgage loans are often used to purchase a single-family home, though they