Home>>Real Estate FAQ'sHampton Roads Real EstateFrequently Asked QuestionsExpand All FAQsWhat is involved in the home buying process?How long does it take to purchase a home?How much money will I need for a down payment?What is the difference between pre-qualification and pre-approval?What is the difference between a fixed-rate and adjustable-rate mortgage?What is a Federal Housing Administration (FHA) loan?Do I qualify for an FHA loan?What is a Veterans Affairs (VA) loan?Do I qualify for a VA loan?What is private mortgage insurance (PMI)?12
