The Conventional Conforming Loan program is the traditional mortgage program. The standardized guidelines are set by Fannie Mae and Freddie Mac. It can be used to finance all different types of residential properties. The loan requires mortgage[...]
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This is a HUD (Housing and Urban Development) government loan program. It allows borrowers to purchase a home with as little as a 3.5% down payment. The FHA has maximum loan limits for each county with are often significantly lower than Conventional [...]