Home Purchase rates. virginia credit union offers some of the best mortgage rates around and a variety of mortgage programs to meet your needs.. loan amount, and the value of your home. Interest rate and APR are updated daily and subject to change without prior notice. Please note that an.
Home Loan Type Comparison conventional mortgage vs fha The Benefits of a Conventional Loan . You can make a down payment as low as 3%. If your down payment is at least 20%, you can avoid paying private mortgage insurance (pmi). In most counties, you can typically borrow more than you can with an fha loan. mortgage rates are typically lower for conventional loans than FHA loans. The Cons of a.