Here are the most common types of home loans:

1. FHA Loans: FHA (Federal Housing Administration) loans are insured by the government and are designed to help low-to-moderate-income borrowers buy homes. They require a lower down payment (as low as 3.5% of the purchase price) and have less stringent credit score requirements than conventional loans.
2. VA Loans: VA (Veterans Affairs) loans are guaranteed by the government and are available to active-duty military personnel, veterans, and their families. These loans typically offer competitive interest rates, require no down payment, and have more lenient credit score requirements than conventional loans.
3. Conventional Loans: Conventional loans are not insured or guaranteed by the government, and they are typically offered by private lenders. They usually require a higher credit score and a larger down payment (at least 5% to 20% of the purchase price), but they also offer more flexibility in terms of loan amounts and repayment options.
4. Jumbo Loans: Jumbo loans are designed for borrowers who need to finance more than the conforming loan limit set by Fannie Mae and Freddie Mac (currently $726,100 for most areas in the United States). These loans typically require a higher credit score and a larger down payment, and they often come with higher interest rates and more stringent underwriting requirements than conventional loans.

When choosing a home loan, it’s important to consider your financial situation, credit score, and borrowing needs. Consulting with a reputable mortgage lender can help you determine which loan program is best for you.