A common misconception is that FHA loans are for first-time home buyers and conventional mortgages are for more established buyers but that is not necessarily true. It can be true in some cases but not all.  FHA loans are insured by the Federal Housing Administration, and conventional mortgages aren't insured by a federal agency but rather by private lenders. Both types of loans hav...

• calendar_month November 8, 2022
• category loans
• post first time homebuyers