A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to a Federal Housing Administration (FHA) loan, a conventional loan often requires a higher credit score to ...

Homebuyers typically choose either a conventional loan or a Federal Housing Administration (FHA) loan. Before deciding on which type of home loan is right for you, it’s essential to understand ...

Learn more: How to buy a house with bad credit. A conventional loan is a mortgage loan that’s available without any backing or insurance from the federal government. If eligible, you can get ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Two common ones are Federal Housing Administration mortgage loans and conventional mortgages. Check Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too Whereas ...

Conventional loans require a higher credit score and stronger ... If you’re getting ready to buy a house, you have a lot of decisions to make. The same way that you can explore types of ...

The credit score you need to buy a house is a minimum of 620 to qualify for a conforming conventional loan, though individual lenders may require higher scores than this. You'll probably need a ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

Know How Much House You Can Afford Before you start ... Government-backed loans have more relaxed eligibility requirements than conventional loans, for instance. In general, the better your ...