Loan hubs
Loan hubs: plain-English help with home loans
FHA, VA, Fannie Mae and Freddie Mac, explainedShort, free explainers on the loan programs buyers hear about most. Read how each one works, take a quick quiz, and walk away with questions to ask a lender. No account, nothing to sign.
Which hub should I read first?
Three quick taps. This only suggests what to read first. It is not a decision about you, and nothing you tap is saved or sent.
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Every suggestion
Read this one first: VA hub
The VA hub explains loans built for people who served. Read it first, then compare.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
Read this one first: Fannie Mae hub and Freddie Mac hub
A larger down payment often points to the loans Fannie Mae and Freddie Mac buy from lenders. Both hubs explain how that works.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
Read this one first: THDA hub
If you are buying in Tennessee, the THDA hub covers down payment help from the state agency. Then read the FHA hub to compare.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
Read this one first: FHA hub
The FHA hub explains a loan often chosen by buyers with a smaller down payment or a credit history still being built.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
Read this one first: Fannie Mae hub and Freddie Mac hub
Good credit and some savings often lead to the loans Fannie Mae and Freddie Mac buy from lenders. Both hubs explain how that works.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
Read this one first: FHA hub
The FHA hub is a good first read: it explains the steps every home loan shares, in plain words.
This is reading advice, not an answer about whether any loan fits you. Only a lender can say that.
The hubs
Each hub has quick cards, a quiz, a checklist, a slide show and full details.
- FHALoans insured by the Federal Housing Administration. Often a smaller down payment and room for a fair credit history.
Official site: HUD's page on FHA loans (hud.gov)
- VALoans backed by the Department of Veterans Affairs, for people who served and some surviving spouses.
Official site: VA Home Loans (va.gov)
- Fannie MaeFannie Mae does not lend to buyers. It buys loans from lenders. Here is what that means for you.
Official site: Fannie Mae (fanniemae.com)
- Freddie MacFreddie Mac does not lend to buyers either. It buys loans from lenders. Here is what that means for you.
Official site: Freddie Mac (freddiemac.com)
Guides for every hub
Short pages that sit across the hubs.
Buying in Tennessee?
Tennessee Housing Development Agency loans and down payment help for Tennessee buyers.
Educational only. AskResi is not a lender.