Pros And Cons Of Fha And Conventional Loans

FHA 203k Loans are a type of rehabilitation mortgage that gives you cash to make repairs or renovations to the home. Get Pre-Approved by our 203k Lenders

The FHA first-time homebuyer loan program makes life a lot easier if you’re just starting out in the homebuying process. Here’s a look at how they work.

More from NerdWallet The pros and cons. FHA loans Michael Burge is a staff writer at NerdWallet, a personal finance website. Email:mburge@nerdwallet.com. The article Mortgage Rates Today, Jan. 11:.

Conventional Loan Refinance Requirements Non Conventional Loan Definition Fixed Fha Loan –FHA Site Map–. A fixed rate mortgage has an interest rate that remains the same for the entire term of the loan. If your interest rate is fixed, your monthly payments do not rise or fall.