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5. Adjustable-rate mortgages; 1. conventional mortgages. A conventional mortgage is a home loan that’s not insured by the federal government. There are two types of conventional loans.
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difference between fannie mae and fha · Q: I have good credit of about 730. I meet the requirements for both FHA and Conventional 97.I plan to live in the home for 6+ years. Which has lower payments and what is the difference between the FHA loan and conventional loan?