Conventional, FHA and VA Programs The conventional and government mortgage programs are the most common mortgage options. Each of the agency programs have a specific purpose and benefit for you. For example, if you are in a position to contribute a substantial down-payment and want the best available rate, you should consider conventional financing. In the event you want a mortgage with at least expenditure of money, then a government program could be your best option. We will assist in outlining the various options for you… give us a call.