{"id":8914,"date":"2021-10-01T12:53:54","date_gmt":"2021-10-01T17:53:54","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/?p=8914"},"modified":"2021-10-01T12:53:54","modified_gmt":"2021-10-01T17:53:54","slug":"the-difference-between-a-va-and-conventional-loan","status":"publish","type":"post","link":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/","title":{"rendered":"The Difference between a VA and Conventional Loan"},"content":{"rendered":"<h2>VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the military and looking into purchasing a home, you might have some questions about VA loans versus conventional or FHA loans and which is right for you and your family.<\/h2>\n<p>The two biggest benefits a VA loan offers are the fact that they don\u2019t have a minimum credit score or down payment to qualify. Other loans require a minimum credit score (typically around 600) and a 3.5 percent down payment or higher. Another perk is that a VA loan doesn\u2019t add PMI (pre-mortgage insurance) to your monthly payment. Conventional and FHA loans sometimes do. \u00a0A VA loan is also backed by the Department of Veteran Affairs.<\/p>\n<p>The one downfall to the VA loan is the upfront funding fee that varies from 1.5 to 3.3 percent of the loan amount. However, you can negotiate that fee to be paid by the seller or roll it into your loan.<\/p>\n<p>A conventional loan is best for people with a high credit score, plan to rent it out or use it as a second home, and you have enough money saved for a 20 percent down payment. A FHA loan is best for those with a lower credit score (at least a 500) and for those planning to live on the property. A VA loan is best for those who don\u2019t have a down payment and don\u2019t have a high credit score.<\/p>\n<p>Overall, a VA loan is a great opportunity for our members of the military to purchase their dream home without the added hassle of a down payment and PMI.<\/p>\n<p>United Country Real Estate is an active supporter of all military members past and present. If you\u2019re looking to find your dream property, contact a United Country agent near you. Visit <a href=\"http:\/\/www.UnitedCountry.com\">www.UnitedCountry.com<\/a> to find an office near you.<\/p>\n<p>Source:<\/p>\n<p>https:\/\/www.bankrate.com\/mortgages\/conventional-fha-va-mortgage\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the military and looking into purchasing a home, you might have some questions about VA loans versus conventional or FHA loans and which is right for you and your family. The two biggest benefits a VA loan &#8230;<\/p>\n","protected":false},"author":2,"featured_media":8915,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[328],"tags":[331,332,329,330],"class_list":["post-8914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-military-properties","tag-home-buyer","tag-homes-for-sale","tag-military-properties-for-sale","tag-va-loans"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate<\/title>\n<meta name=\"description\" content=\"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate\" \/>\n<meta property=\"og:description\" content=\"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"Military Properties | United Country Real Estate\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-01T17:53:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/AdobeStock_290837631-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"abreitenbach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/\"},\"author\":{\"name\":\"abreitenbach\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#\\\/schema\\\/person\\\/e3bccee759c752014defdd7b6d9fc120\"},\"headline\":\"The Difference between a VA and Conventional Loan\",\"datePublished\":\"2021-10-01T17:53:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/\"},\"wordCount\":338,\"publisher\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/05193539\\\/AdobeStock_290837631-scaled.jpeg\",\"keywords\":[\"home buyer\",\"homes for sale\",\"military properties for sale\",\"VA loans\"],\"articleSection\":[\"Military Properties\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/\",\"url\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/\",\"name\":\"The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/05193539\\\/AdobeStock_290837631-scaled.jpeg\",\"datePublished\":\"2021-10-01T17:53:54+00:00\",\"description\":\"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#primaryimage\",\"url\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/05193539\\\/AdobeStock_290837631-scaled.jpeg\",\"contentUrl\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/05193539\\\/AdobeStock_290837631-scaled.jpeg\",\"width\":1200,\"height\":675,\"caption\":\"Military Homes for sale\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/military-properties\\\/the-difference-between-a-va-and-conventional-loan\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Difference between a VA and Conventional Loan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#website\",\"url\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/\",\"name\":\"Military Properties | United Country Real Estate\",\"description\":\"Military Properties\",\"publisher\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#organization\",\"name\":\"United Country Real Estate - Military Properties\",\"url\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/24062808\\\/UCRE_military.png\",\"contentUrl\":\"https:\\\/\\\/media.homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/24062808\\\/UCRE_military.png\",\"width\":535,\"height\":177,\"caption\":\"United Country Real Estate - Military Properties\"},\"image\":{\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/#\\\/schema\\\/person\\\/e3bccee759c752014defdd7b6d9fc120\",\"name\":\"abreitenbach\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/litespeed\\\/avatar\\\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410\",\"url\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/litespeed\\\/avatar\\\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410\",\"contentUrl\":\"https:\\\/\\\/homeslandcountrypropertyforsale.com\\\/military-properties\\\/wp-content\\\/litespeed\\\/avatar\\\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410\",\"caption\":\"abreitenbach\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate","description":"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/","og_locale":"en_US","og_type":"article","og_title":"The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate","og_description":"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the","og_url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/","og_site_name":"Military Properties | United Country Real Estate","article_published_time":"2021-10-01T17:53:54+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/AdobeStock_290837631-scaled.jpeg","type":"image\/jpeg"}],"author":"abreitenbach","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#article","isPartOf":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/"},"author":{"name":"abreitenbach","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#\/schema\/person\/e3bccee759c752014defdd7b6d9fc120"},"headline":"The Difference between a VA and Conventional Loan","datePublished":"2021-10-01T17:53:54+00:00","mainEntityOfPage":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/"},"wordCount":338,"publisher":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#organization"},"image":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/05193539\/AdobeStock_290837631-scaled.jpeg","keywords":["home buyer","homes for sale","military properties for sale","VA loans"],"articleSection":["Military Properties"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/","url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/","name":"The Difference between a VA and Conventional Loan | Military Properties | United Country Real Estate","isPartOf":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#website"},"primaryImageOfPage":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#primaryimage"},"image":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/05193539\/AdobeStock_290837631-scaled.jpeg","datePublished":"2021-10-01T17:53:54+00:00","description":"VA loans are home loans provided by private lenders and are only available to active or retired members of the military. If you are a member of the","breadcrumb":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#primaryimage","url":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/05193539\/AdobeStock_290837631-scaled.jpeg","contentUrl":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/10\/05193539\/AdobeStock_290837631-scaled.jpeg","width":1200,"height":675,"caption":"Military Homes for sale"},{"@type":"BreadcrumbList","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/military-properties\/the-difference-between-a-va-and-conventional-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/"},{"@type":"ListItem","position":2,"name":"The Difference between a VA and Conventional Loan"}]},{"@type":"WebSite","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#website","url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/","name":"Military Properties | United Country Real Estate","description":"Military Properties","publisher":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#organization","name":"United Country Real Estate - Military Properties","url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#\/schema\/logo\/image\/","url":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/02\/24062808\/UCRE_military.png","contentUrl":"https:\/\/media.homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/uploads\/2021\/02\/24062808\/UCRE_military.png","width":535,"height":177,"caption":"United Country Real Estate - Military Properties"},"image":{"@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/#\/schema\/person\/e3bccee759c752014defdd7b6d9fc120","name":"abreitenbach","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/litespeed\/avatar\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410","url":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/litespeed\/avatar\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410","contentUrl":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-content\/litespeed\/avatar\/89d9ca42af1f4efb1528b477389c1090.jpg?ver=1782320410","caption":"abreitenbach"}}]}},"_links":{"self":[{"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/posts\/8914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/comments?post=8914"}],"version-history":[{"count":0,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/posts\/8914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/media\/8915"}],"wp:attachment":[{"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/media?parent=8914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/categories?post=8914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/homeslandcountrypropertyforsale.com\/military-properties\/wp-json\/wp\/v2\/tags?post=8914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}