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FHA vs VA Mortgages Choosing which type of mortgage you should apply for is an important decision in the buying process. You will be paying your mortgage for many years so it will have a long-term effect on your finances. FHA and VA loans are backed by the government and offer many advantages to home buyers. While they are both designed to make buying the home you want easier, there are also important differences between them. We take a look at VA vs FHA loans, revealing the differences and why one might be a better choice for you than the other.
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