Is a type mortgage loan program designed to help eligible veterans, active-duty service members, and certain surviving spouses achieve the dream of homeownership. The program is backed by the U.S. Department of Veterans Affairs (VA) and offers favorable terms and conditions to those who qualify.

 Conventional loans are offered by private lenders, including banks, credit unions, and mortgage companies, and they follow guidelines set by two government-sponsored enterprises, Fannie Mae and Freddie Mac.

An FHA loan is a type of mortgage insured by the Federal Housing Administration (FHA), which is a part of the U.S. Department of Housing and Urban Development (HUD). The primary purpose of FHA loans is to make homeownership more accessible to a broader range of borrowers, particularly those with lower credit scores and who may not qualify for conventional loans.

Non-QM (Non-Qualified Mortgage) loans are a category of mortgage loans that do not meet the criteria set by government-sponsored enterprises (GSEs) like Fannie Mae or Freddie Mac for conventional loans or the guidelines established for government-backed loans such as FHA or VA loans. Non-QM loans are considered alternative mortgage products and are designed to accommodate borrowers who may not qualify for traditional mortgage products due to unique financial situations.