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What are the main differences between an FHA loan and a conventional loan?

Asked by Trulia Los Angeles, Los Angeles, CA Wed Nov 28, 2012

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The link above explains the differences between the two. Feel free to contact me if you have any concerns.

0 votes Thank Flag Link Wed Nov 28, 2012
The main difference is that FHA loan is insured by Federal Housing Administration. There for It has low downpayment and rates and at the same time it has higher underwriting requirements.
0 votes Thank Flag Link Wed Nov 28, 2012
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