Conventional 97 Loan vs FHA: What’s The Difference?
Here's what you need to know when deciding between an FHA and Conventional 97 loan.
June 10, 2023 5 MIN
Here's what you need to know when deciding between an FHA and Conventional 97 loan.
You want to sell your home fast. Will an FHA offer derail your plans if you accept? Let's find out.
New homebuyers can access an FHA or conventional loan with the same lender, but not always. Here's what to ask your lender.
FHA loans are a fantastic homebuying program. They allow many buyers with lower credit scores and incomes to buy a home. But are there downsides to these loans?
Many people assume FHA loans are a bad deal, but they are the most advantageous type of home loan for many buyers.
FHA often comes with lower mortgage rates than conventional loans -- sometimes much lower.
You might be surprised how affordable FHA mortgage insurance is compared to conventional PMI.
Conventional offers a lower down payment. But you might still get a better deal putting a little more down with FHA.
FHA is much more lenient about debt-to-income ratios compared to conventional. You might qualify more easily than you think.
Most homes will meet both FHA and conventional property requirements, but here's what you should know about the differences between the two appraisal processes.
