conventional loan: FHA VS. Conventional Loan
- 10/07/15 08:25 AM
Two of the most common loan products available today are FHA (Government insured loan product) and Conventional financing (Conforming to Fannie Mae and Freddie Mac Guidelines). How do I know which loan works best for me?
One program is not necessarily better than the other; rather, the best loan program is dependent upon your financial situation. Factors that affect your loan program choice are based on credit score, down payment, and debt-to-income ratio.