#homebuyertip Bottom line⬅ - the best loan type is the one you qualify for. There are benefits🏆 of both loan types that may be specific to the amount the borrower has on hand for down payment💰, or the intended use of the property. FHA loans are great for first time home buyers🏡, while conventional loan types are great for investors. Follow the video to learn the Top 3‼ differences between an FHA and Conventional loan types to help you make the best home financing and buying decision.
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