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FHA vs. Conventional Loans in Plain English


FHA vs. Conventional Loans in Plain English
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Female client consulting with a agent in the office
Potential homebuyers with credit problems, low income or not much saved for a down payment may have trouble finding a home loan. For those borrowers, an FHA-insured loan might be a good solution. Here s what you should know if you re weighing whether a conventional or FHA mortgage is the best way to go.
What Is an FHA Loan?
The FHA insurance program provides a means for many prospective homeowners to achieve the dream of owning a home who might not have otherwise been able to do so. ....

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