Post By Yuleisy Gonzalez

The USDA and FHA loans are very good options for both low-income and first-time homebuyers. Each of them has its own advantages and disadvantages and is often oriented to different customer populations.

Home equity is a very important term in homeownership and it can increase if the value of your property increases or the more you pay your home loan balance.

When deciding which type of mortgage to get, you'll be faced with a lot of things to consider. You need to compare costs, interests, taxes, down payments, eligibility, and other factors.

Educational video about the 4 main types of home mortgages.