loan: What Are The Differences Between FHA And Conventional Loans?
- 10/05/15 02:05 AM
Not sure what a FHA loan can do for you? Hoping to figure out what option is right for your situation? There are several differences between FHA and conventional loans, not the least of which is that the Federal Housing Administration insures their loans if they meet certain criteria and are offered through particular lenders. Conventional loans are not backed by federal agencies, and can be obtained through most lenders, including various banks and mortgage companies. Here are some of the other ways in which FHA and conventional loans differ, and how they may affect your decision-making process. Down Payment Conventional loans typically require you to (1 comments)