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Is a vha loan better or one from a bank/lending company?

I know I will have to talk with each bank and/or loan company to know their individual pros and cons but in general, which is the better option and why? by 4.jack.sun890 from Virginia Beach, Virginia. Jun 16th 2017 Reply

John Burke (jburke)
#29 ranked lender in Texas - 227 contributions

Hi 4.jack.sun890,A regular VA loan is a better option simply for the fact that you can do a IRRRL down the road if you want to but you won't have that option with a VHA loan. The VHA & other state VA type options are typically more expensive as well because they carry a 1% participation fee. | Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank | (877)228-9069 | Lending in ALL 50 states

Jun 16th 2017
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