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Discuss the pro and cons of conventional loans

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Instructions: After reading the following information, your assignment is to discuss the pro and cons of Conventional loans, FHA loans and VA loans. Please feel free to use any source of information that is available, as well as your personal experience with any of the 3 types of loans.

A recent report issued by the Consumer Financial Protection Bureau (CFPB) clearly indicates that a much larger number of home buyers are using government-sponsored loan programs, both VA and FHA to a much greater degree than conventional mortgages.

During the last 5 years many veterans have returned home & assimilated back into the civilian workforce & using their well-earned benefits.
Working with VA buyers and sellers, can be one of the most rewarding & simple transactions of your career.

Vets are "squared away" on their paperwork, loyal to both their agents and MLOs while providing a good source of future referrals.

VA Loans Have Spiked 78% Since 2012, Courtesy of Inman and Patrick Kearns.

Reference no: EM133074985

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