FHA requires 3.5% for the down payment and has an upfront and monthly mi(mortgage insurance)

FHA is NOT for first time buyers only

It does allow for a 100% gift to purchase

Sellers and builders can pay closing cost

It will allow for non-owner occupied co-borrowers

VA offers 0 down and 0 closing cost to borrower(VA no no)

Seller can pay all of the closing cost

There is a VA funding fee VA will allow the purchase of condo's s for, and 2-4 units Conventional Loans require anywhere from 3% to 20% down

20% down or more is is required for investment properties

These are Fannie Mae and Freddie Mac products Credit is the first thing evaluated when it comes to getting pre-qualified.

The higher the credit score the better the terms of your loan