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What Is the Difference Between a Conventional & FHA Home Loan?

April 26, 2017conventional difference Estate FHA Finance home loan mortgages

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What Is the Difference Between a Conventional & FHA Home Loan?

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The FHA, or Federal Housing Administration, was founded in 1934 to help people purchase homes with small down payments. FHA loans are still an option and compete with conventional mortgages for borrowers’ business.