A conventional mortgage, also called a conventional loan, is a loan for a home buyer that isn't offered or backed by the government. It can be gotten from a private lender or backed by Fannie Mae or Freddie Mac, two government-backed companies.

An FHA loan is a type of mortgage loan that is backed by the government and can help you buy a home with less money. If you have debt or a low credit score, you may be able to get an FHA loan. You might even be able to get an FHA loan if you have …

A jumbo loan, also called a jumbo mortgage, is a home loan for more than the "conforming loan limit" that Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that buy and manage most single-family home mortgages in the U.S., set …