Difference Between Fha And Conventional Loans

Va Or Conventional Mortgage VA vs. Conventional Loan – Veterans of America Mortgage – The funding fee plano mortgage is collected on VA loans to finance the home loan guarantee that VA loans have. The fee doesn’t have to come out of the veteran’s pocket as you can roll it into the loan amount. With a 20 percent down payment, a conventional loan might be a better choice as there is no such thing as a funding fee for conventional mortgages.