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There is no "right" answer to the question, "Which loan type is best?. Buying a Home. Step by.. Which loan has the lowest monthly payment?
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fha vs conventional mortgages FHA Loan vs. Conventional Mortgage: Which Is Right for You? – Interest rates: When looking at FHA vs. conventional loan rates, interest rates are typically lower on conventional loans. The catch is, you have to have good credit to get the lowest rates. The catch is, you have to have good credit to get the lowest rates.
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