What is the Difference Between an FHA Loan and a Conventional Loan?

May 9th, 2024

What is the difference between FHA and Conventional Loans? There are multiple differences between an FHA loan and a Conventional Loan. An FHA loan means that the loan is insured by the Federal Housing Administration. With a Conventional Loan, the mortgage company assumes the risks of issuing the loan. It is not insured by a [...]