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  2. FHA vs. conventional loans: What’s the difference? - AOL

    www.aol.com/finance/fha-vs-conventional-loans...

    Here are the pros and cons of each. ... FHA loan vs. conventional loan. ... for example, a 30-year fixed FHA loan for a $400,000 house was 6.8 percent, vs. 7 percent for a comparable conventional ...

  3. FHA loans: Definition, requirements and limits - AOL

    www.aol.com/finance/fha-loans-134807555.html

    Credit score minimum. 620. 580 with a 3.5% down payment or as low as 500 with at least 10% down. Down payment minimum. 3% for fixed-rate loans; 5% for adjustable-rate loans

  4. Pros and Cons of FHA-Backed Mortgages - AOL

    www.aol.com/news/2014-01-17-pros-and-cons-of-fha...

    The difference of just 0.25% on your mortgage interest rate can compound into tens of thousands of dollars over the span of a 30-year The mortgage you select will make a tremendous impact on your ...

  5. Portfolio mortgages: What they are and how they work

    www.aol.com/finance/portfolio-mortgages...

    Interest rates: A portfolio loan usually comes with the same features as a traditional mortgage: a fixed interest rate over a 30-year term that reflects the financial profile and assessed ...

  6. Guide to FHA adjustable-rate mortgages - AOL

    www.aol.com/finance/guide-fha-adjustable-rate...

    As of Nov. 28, 2023, the average interest rate for 5/1 ARM loans is 6.83 percent, compared to the average rate of 30-year fixed-rate mortgages at 7.81 percent, according to Bankrate’s survey of ...

  7. FHA vs. VA loans: What’s the difference? - AOL

    www.aol.com/finance/fha-vs-va-loans-difference...

    Mortgage rates for FHA vs. VA loans Both loan programs can sometimes offer appealing rates. As of Nov. 27, 2023, the average 30-year FHA APR was 7.67 percent, compared to 7.02 percent for a 30 ...

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