When shopping for a mortgage, it's important to understand the different types of loans that are available to you. Here are the main types of mortgage offers:

1. Conventional Loans: These are the most common type of mortgage and are not backed by the government. They come with a variety of repayment terms and interest rates, and typically require a higher credit score and a larger down payment than other types of loans.
2. FHA Loans: These loans are backed by the Federal Housing Administration (FHA), and are designed to make homeownership more accessible to people with lower credit scores and smaller down payments. FHA loans typically have lower interest rates and more flexible credit requirements, but they also require borrowers to pay mortgage insurance premiums.
3. VA Loans: These loans are backed by the Department of Veterans Affairs (VA), and are available to current and former members of the military and their spouses. VA loans often have lower interest rates and more flexible credit requirements than conventional loans, and they also do not require a down payment. However, there is a funding fee associated with VA loans.

It's important to carefully consider each type of mortgage offer and to choose the one that best fits your financial situation and goals.