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Different Kinds of Mortgages - Fannie Mae, VA Loan, Freddie Mac, FHA Mortgage, Jumbo Mortgage Category: Fha Mortgage
The two most frequently used types of mortgages are the FHA (Federal Housing Administration) Mortgage and the VA (Veterans Administration) Loan . Because the FHA mortgage and VA mortgage are guaranteed by the government, they usually feature lower mortgage refinancing rates and mortgage fees than other mortgages. Details about the most common kinds of mortgages, including the FHA mortgage and VA mortgage, follow.