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Conventional Or FHA Financing Which One

Creed Realty It’s important to consider and understand the entire package when comparing a conventional or FHA financing. "A conventional mortgage refers to a loan that is not insured or guaranteed by the federal government. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate" "FHA loans have been helping people become homeowners since 1934. How do we do it? The Federal Housing Administration (FHA) - which is part... Continue Reading >