These Charts Reveal Whether FHA or Conventional Interest Rates Are Lower
FHA often comes with lower mortgage rates than conventional loans -- sometimes much lower.
June 9, 2023 4 MIN
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.
Maximum loan amounts in your area might be higher than you think.
First-time homebuyers face challenges on the road to homeownership. Is FHA or conventional better to address them?
Look beyond minimum credit score requirements for FHA and conventional loans to decide which one is best for you.
If you're unsure whether you can qualify to buy a home, you'll want to know which loan program -- FHA or conventional -- is easier to qualify for.
With so many loan types available, which one is best for your situation? The choice may not be as hard as you think.
