logo
logo
Community
Pricing
Sign in
menu-h

What is the Difference Between FHA loans and Conventional Mortgages?

avatar
Sunshine State Mortgage
What is the Difference Between FHA loans and Conventional Mortgages?

If you're new to the home-buying process, you've certainly come across several different types of mortgage loans while researching your alternatives. Conventional and FHA mortgages are two of the most frequent types of house loans. What are the differences between them, and when should each be used?


FHA Loans

FHA loans, or Federal Housing Administration loans, are a government-backed insurance program that makes it easier for those with bad credit or small down payments to buy a home. When a borrower is authorized for an FHA loan and the lender is approved, the federal government guarantees the lender against loan losses through the FHA. This program is particularly well-liked by first-time homeowners.


Conventional Mortgages

A conventional loan is just that: a traditional loan with greater down payments and better credit scores. Borrowers who do not put down the full 20% must purchase private mortgage insurance to lessen the risk of loss to the lender.


Are you looking for a Florida mortgage? If that's the case, call Sunshine State Mortgage at 954-757-4441 today to discuss your mortgage choices.

collect
0
avatar
Sunshine State Mortgage
Related Articles
More than 4.6 Million Got Health Insurance Through the ACA in 2021 | Florida Healthcare Insurance
Florida Healthcare Insurance 2022-01-12
img
Despite the ongoing COVIDD-19 pandemic, the Affordable Care Act (ACA) has provided health coverage to more than 4. 6 million people in the United States in 2021.  The good news is that Americans have until January 15th to sign up for health insurance – and we can assist! Our Medicare professionals at Florida Healthcare Insurance serve Coral Springs and Parkland, Florida, and offer a choice of Medicare Agent in Coral Springs. Visit the following website for additional information:
collect
0
Massage Therapy in Coral Springs |
Wasserman Chiropractic 2022-05-24
img
At Wasserman Chiropractic, our staff includes experienced massage therapists who can help relieve your pain and relieve stress through the healing properties of massage therapy. At Wasserman Chiropractic, our staff includes experienced massage therapists who can help you relax through the healing art of massage. The Benefits of Massage TherapyWhat can a massage do for you? What happens during a one-hour massage? A one-hour massage is a full-body massage including your neck, shoulders, back, legs, and feet.
collect
0
Delicatessen in Coral Springs - Bagels & A Whole Lot More
Bagels & A Whole Lot More 2022-05-21
img
Do you want to find a Delicatessen in Coral Springs? In New York, we have over 30 years of successful expertise in the fast service delicatessen and bagel market. We have over 30 years of successful experience in the quick service Delicatessen and Bagel industry in New York. There is no substitute for great quality and freshness and we promise to offer the true flavors and sense of urgency that is mostly found in New York…. Whether it’s a small business breakfast, or a full family gathering, we can provide everything you need for a hassle-free event.
collect
0
Conventional Loans for Coral Springs | Sunshine State Mortgage
Sunshine State Mortgage 2022-02-08
img
Sunshine State Mortgage in Coral Springs offers a variety of loans, including conventional loans. Conventional loans are mortgages that are not insured by the government (like FHA, VA, or USDA loans), but they usually fulfil the lending requirements of Fannie Mae or Freddie Mac. The majority of traditional loans are provided by private lenders, who then sell them to Government Sponsored Entities (GSEs) Conventional loans typically have lower rates, terms, and/or fees than other types of loans, but they usually require a borrower to have good to excellent credit, manageable monthly debt obligations, a minimum down payment of 3%, and consistent monthly payments. Call 954-803-7678 for additional information.
collect
0
Learn Boxing in Coral Springs Florida - Studio 4 Fitness Center
Studio 4 Fitness 2022-08-25
img
Whatever the case might be, if you’re looking for a fun but effective way to get fit, boxing might be just the thing you need. With all of the great changes your body and mind experience while boxing, you might find it also boosts your confidence and self-esteem. Come see our trained professionals and say hello to a better, stronger you. Not only does boxing tighten and tone your body, but it challenges you both mentally and physically. With proper training, it can help you to achieve all of your fitness goals, which is why boxing in Coral Springs is becoming the new fitness craze.
collect
0
Locksmith Coral Springs Company
Locksmith Coral Springs 2021-08-17
img

Serving the greater Broward area including Coral Springs, Tamarac, Parkland, Margate and Coconut Creek.

Call our 24 hour locksmith Coral Springs at (954) 800-5191.

You’ll be immediately connected to an agent or emergency locksmiths who can get to you shortly.

For all of your locking needs, depend on us to be there for you with our locksmith service 24/7.

collect
0
WHO TO FOLLOW
MORE FROM AUTHOR
Will a HELOC Affect Your Credit Score? | Sunshine State Mortgage
Sunshine State Mortgage 2022-04-06
img
collect
0
Conventional Loans for Coral Springs | Sunshine State Mortgage
Sunshine State Mortgage 2022-02-08
img
collect
0
Conventional Loans for Coral Springs
Sunshine State Mortgage 2021-10-01
collect
0
What is the Difference Between FHA loans and Conventional Mortgages?
Sunshine State Mortgage 2022-01-10
img
collect
0
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more
WHO TO FOLLOW
Press enter to search  enter
articles
The Benefits of Orthodontic Treatment
johnortho 2023-09-26
img
Beyond just straighter teeth, orthodontic treatment has a wide range of benefits. We’ll examine the numerous advantages that Parkland Orthodontics treatment offers people of all ages in this article. Beyond only being aesthetically pleasing, orthodontic treatment has a big impact on improving overall oral health. The risk of harm to the teeth and surrounding oral structures can be decreased with the aid of orthodontic treatment. Numerous benefits of orthodontic treatment include greater dental health, improved looks, and general well-being.
collect
0
Things To Ask A Carpet Cleaner Before He Starts
Harold Adams 2021-05-19
img

Do your carpets have tons of stains?

It may be time for you to hire professional help.

However, you must consider some things, and this article can help you find a great carpet cleaner.

Continue reading to learn more about finding the following paragraphs.If you need a quick fix, get in touch with Carpet Cleaning Coral Springs for the best service and satisfaction.How to select a Company for Carpet Cleaning?Test any solution on using in a small area of the carpet before applying it all over.

This simple test can save you lots of time and lots of money in the long run.You want the carpet cleaners to have an actual address.

You can now keep your carpet in almost new shape with this advice.Ask the people you know about hiring a professional carpet cleaning company.Use vinegar and warm water to shampoo for the carpet.

collect
0
Flooring Specialists Coral Springs and Fort Lauderdale | Larry's Tile & Carpet
Larry's Tile & Carpet 2021-12-10
img
Larry's Tile and Carpet are pleased to welcome you. We specialize in ceramic tile, carpet, vinyl, hardwood, and laminate flooring, Flooring Specialists in Coral Springs and Fort Lauderdale have been serving the Fort Lauderdale flooring market for over 30 years.  We carry America's most popular brands from top tile, carpet, hardwood, and vinyl flooring manufacturers — the highest quality flooring from the industry's most reputable names. We provide a large selection of flooring materials that can enhance the beauty of your house while also providing years of dependable service and staying within your budget.  Our owner, Larry Nacht, has been a pioneer in the Fort Lauderdale flooring industry for over three decades, and he believes in doing things differently than the average flooring, tile, and carpet firm.
collect
0
Choosing the Right Appliance Repair Service in Coral Springs, Florida
AAA Appliance Repair West Palm Beach - Appliance Repair Service 2023-11-10
img
Understanding Appliance Repair NeedsBefore searching for an appliance repair service, it is essential to understand your appliance repair needs. Factors to Consider When Choosing an Appliance Repair ServiceChoosing the right appliance repair service can be daunting, but with the right considerations, you can find a reputable and reliable service provider. Benefits of Professional Appliance Repair in Coral SpringsOpting for professional Coral Springs appliance repair services offers numerous benefits that can save you time, money, and frustration. Questions to Ask Before Hiring an Appliance Repair ServiceBefore deciding on an appliance repair service, asking a few key questions is essential. AAA Appliance Repair West Palm Beach - Appliance Repair Service1273 S Military Trl, West Palm Beach, FL 33415+1 561-689-8885https://theappliancepeople.
collect
0
Commercial Lawyer in Coral Springs | Jeff Eisensmith
Jeff Eisensmith 2022-02-19
img
In 1984, Jeffrey R. Before moving west to Coral Springs, the firm was situated in downtown Fort Lauderdale for 25 years. The business offers a comprehensive range of legal services with a focus on efficiency, effectiveness, and Commercial Lawyer in Coral Springs. We can provide services that are comparable with any firm in our fields of practice while preserving personal, one-on-one engagement with the customer. We've built and maintained long-term relationships with our clients by remaining accessible and responsive over time.
collect
0
We Offer Expert Trauma Cleaning Coral Springs Service
Service Master By Reed 2022-04-15
img
ServiceMaster by Reed offers a team of experts who are trained and certified to handle trauma cleaning coral springs. Our expert team is dedicated to removing and disposing of any infectious waste right away so you can return to normal as soon as possible.   
collect
0
Children Flu Shots in Coral Springs | Sawgrass Pediatrics
Sawgrass Pediatrics 2022-02-03
img
For newborns, children, and Children Flu Shots in Coral Springs, Sawgrass Pediatrics provides the finest quality diagnostic, preventative, and therapeutic services available. The pediatricians at Sawgrass Pediatrics in Coral Springs and Boca Raton are always available to answer your questions and support parents as they navigate the hurdles that each stage of a child's life presents. We accept patients from the age of birth until the age of eighteen. In the Parkland, Coconut Creek, and Margate areas, we continue to accept new patients. Call (954) 752-9220 for additional information.
collect
0
Hair Stylists Parkland | Edinea Hair Stylists
Edinea Hair Stylists 2022-01-07
img
At Edinea Hair Stylists in Parkland, we are committed to the beauty and health of your hair. In addition to hair cuts, styles, blowouts, and extensions, we provide unique hair treatments to improve the strength and texture of your hair. Argan stem cell therapy, deep keratin filler, keratin treatments, and hair Botox can all help your hair look healthy, hydrated, and frizz-free.  If you live in Coral Springs, Parkland, or Tamarac and need a hair salon for all of your hair service needs, Edinea Hair Stylists is the place to go. Our broad range of hair cuts, styles, and treatments will fulfil your needs for every occasion.
collect
0
Lawyer in Coral Springs | Broward Lawyer
Law Offices of Ronald A. Luzim P.A. 2021-12-17
img
If you're looking for an attorney in Coral Springs, FL or the nearby region, you've come to the right spot. Ron Luzim, a Broward attorney, mediator, and former accountant based in Coral Springs, Florida, is a Broward attorney, mediator, and former accountant.  Ron has been providing effective and compassionate service to all of Broward, Dade, and Palm Beach counties for over 35 years. Ron has worked with the IRS and has decades of experience in family and divorce law, estate planning, and corporate law.
collect
0
Aspen After Surgery - Breast Reconstruction In Coral Spring FL
Aspen After Surgery Center 2021-06-10
img

It has become very common now for patients post breast reconstruction surgery to visit experts for an after surgery.

However, identifying that one needs to get it fixed is not the problem, but finding the right expert who has the skills to do it is a task.

collect
0
carpet cleaning Coral Springs
Chad Cohen 2023-07-04
img
The Impact of Clean Carpets on Indoor Air Quality: Insights from Coral Springs SpecialistsWhen it comes to indoor air quality, clean carpets play a significant role in ensuring a healthy and comfortable living environment. In Coral Springs, Heaven's Best Carpet Cleaning understands the impact of clean carpets on indoor air quality and provides valuable insights into this crucial aspect of carpet care. However, regular carpet cleaning by professionals like Heaven's Best can significantly improve indoor air quality in Coral Springs homes. Heaven's Best Carpet Cleaning in Coral Springs utilizes advanced techniques, such as hot water extraction, to effectively extract contaminants deep within the carpet fibers. By focusing on the impact of clean carpets on indoor air quality, Heaven's Best Carpet Cleaning in Coral Springs helps residents create healthier and more pleasant living spaces.
collect
0
Specialty Market IN boca raton
Specialty Foods in Coral Springs 2019-11-12
img

https://dorismarket.com/about/ Look over our immense determination of nourishment platters that incorporate everything from hors d'oeuvres to full-measure dishes.

Make your issue one to recall with an incredibly, scrumptious format of crisp nourishment you can hand select.

Put in your providing food request with one of our South Florida areas today.

collect
0
Pollen Allergies In Pets During Spring
Michael Wahn 2022-01-07
img
During the spring season, pollen spores scatter into the air. Flowers, trees, grass, and other allergens abound. Your veterinarian may conduct an allergy test utilizing skin and blood samples. Anti-flea treatment may be given orally or applied topically to treat FAD symptoms. Treat your home and, if desired, a flea-infested yard.
collect
0
Tree Trimming Products Getting Suggestions
article names 2021-03-09
img

Cutting timber, hedge crops, or perhaps floral timber needs an excellent talent.

The most important thing you should contain could be the shrub-cutting products.

Mostly, you will need a few principal types of equipment, like the lopper, the particular chainsaw as well as the rod shrub clipper.Needless to say, the particular last option products let you reduce the particular divisions regarding older timber tree removal coral springs fl.

When you have extremely taller timber within your ingredient, you must rise at the top to prune.

Don't forget any steps and also a couple of shoes or boots together with excellent outsole grip, at the same time.One other piece of equipment you need to take into account is usually surrounding the particular timber or perhaps timber.

Basically lookup the net regarding finest little cutting equipment to produce work profitable.

collect
0
The Benefits of Orthodontic Treatment
johnortho 2023-09-26
img
Beyond just straighter teeth, orthodontic treatment has a wide range of benefits. We’ll examine the numerous advantages that Parkland Orthodontics treatment offers people of all ages in this article. Beyond only being aesthetically pleasing, orthodontic treatment has a big impact on improving overall oral health. The risk of harm to the teeth and surrounding oral structures can be decreased with the aid of orthodontic treatment. Numerous benefits of orthodontic treatment include greater dental health, improved looks, and general well-being.
Lawyer in Coral Springs | Broward Lawyer
Law Offices of Ronald A. Luzim P.A. 2021-12-17
img
If you're looking for an attorney in Coral Springs, FL or the nearby region, you've come to the right spot. Ron Luzim, a Broward attorney, mediator, and former accountant based in Coral Springs, Florida, is a Broward attorney, mediator, and former accountant.  Ron has been providing effective and compassionate service to all of Broward, Dade, and Palm Beach counties for over 35 years. Ron has worked with the IRS and has decades of experience in family and divorce law, estate planning, and corporate law.
Things To Ask A Carpet Cleaner Before He Starts
Harold Adams 2021-05-19
img

Do your carpets have tons of stains?

It may be time for you to hire professional help.

However, you must consider some things, and this article can help you find a great carpet cleaner.

Continue reading to learn more about finding the following paragraphs.If you need a quick fix, get in touch with Carpet Cleaning Coral Springs for the best service and satisfaction.How to select a Company for Carpet Cleaning?Test any solution on using in a small area of the carpet before applying it all over.

This simple test can save you lots of time and lots of money in the long run.You want the carpet cleaners to have an actual address.

You can now keep your carpet in almost new shape with this advice.Ask the people you know about hiring a professional carpet cleaning company.Use vinegar and warm water to shampoo for the carpet.

Aspen After Surgery - Breast Reconstruction In Coral Spring FL
Aspen After Surgery Center 2021-06-10
img

It has become very common now for patients post breast reconstruction surgery to visit experts for an after surgery.

However, identifying that one needs to get it fixed is not the problem, but finding the right expert who has the skills to do it is a task.

Flooring Specialists Coral Springs and Fort Lauderdale | Larry's Tile & Carpet
Larry's Tile & Carpet 2021-12-10
img
Larry's Tile and Carpet are pleased to welcome you. We specialize in ceramic tile, carpet, vinyl, hardwood, and laminate flooring, Flooring Specialists in Coral Springs and Fort Lauderdale have been serving the Fort Lauderdale flooring market for over 30 years.  We carry America's most popular brands from top tile, carpet, hardwood, and vinyl flooring manufacturers — the highest quality flooring from the industry's most reputable names. We provide a large selection of flooring materials that can enhance the beauty of your house while also providing years of dependable service and staying within your budget.  Our owner, Larry Nacht, has been a pioneer in the Fort Lauderdale flooring industry for over three decades, and he believes in doing things differently than the average flooring, tile, and carpet firm.
carpet cleaning Coral Springs
Chad Cohen 2023-07-04
img
The Impact of Clean Carpets on Indoor Air Quality: Insights from Coral Springs SpecialistsWhen it comes to indoor air quality, clean carpets play a significant role in ensuring a healthy and comfortable living environment. In Coral Springs, Heaven's Best Carpet Cleaning understands the impact of clean carpets on indoor air quality and provides valuable insights into this crucial aspect of carpet care. However, regular carpet cleaning by professionals like Heaven's Best can significantly improve indoor air quality in Coral Springs homes. Heaven's Best Carpet Cleaning in Coral Springs utilizes advanced techniques, such as hot water extraction, to effectively extract contaminants deep within the carpet fibers. By focusing on the impact of clean carpets on indoor air quality, Heaven's Best Carpet Cleaning in Coral Springs helps residents create healthier and more pleasant living spaces.
Choosing the Right Appliance Repair Service in Coral Springs, Florida
AAA Appliance Repair West Palm Beach - Appliance Repair Service 2023-11-10
img
Understanding Appliance Repair NeedsBefore searching for an appliance repair service, it is essential to understand your appliance repair needs. Factors to Consider When Choosing an Appliance Repair ServiceChoosing the right appliance repair service can be daunting, but with the right considerations, you can find a reputable and reliable service provider. Benefits of Professional Appliance Repair in Coral SpringsOpting for professional Coral Springs appliance repair services offers numerous benefits that can save you time, money, and frustration. Questions to Ask Before Hiring an Appliance Repair ServiceBefore deciding on an appliance repair service, asking a few key questions is essential. AAA Appliance Repair West Palm Beach - Appliance Repair Service1273 S Military Trl, West Palm Beach, FL 33415+1 561-689-8885https://theappliancepeople.
Commercial Lawyer in Coral Springs | Jeff Eisensmith
Jeff Eisensmith 2022-02-19
img
In 1984, Jeffrey R. Before moving west to Coral Springs, the firm was situated in downtown Fort Lauderdale for 25 years. The business offers a comprehensive range of legal services with a focus on efficiency, effectiveness, and Commercial Lawyer in Coral Springs. We can provide services that are comparable with any firm in our fields of practice while preserving personal, one-on-one engagement with the customer. We've built and maintained long-term relationships with our clients by remaining accessible and responsive over time.
Specialty Market IN boca raton
Specialty Foods in Coral Springs 2019-11-12
img

https://dorismarket.com/about/ Look over our immense determination of nourishment platters that incorporate everything from hors d'oeuvres to full-measure dishes.

Make your issue one to recall with an incredibly, scrumptious format of crisp nourishment you can hand select.

Put in your providing food request with one of our South Florida areas today.

We Offer Expert Trauma Cleaning Coral Springs Service
Service Master By Reed 2022-04-15
img
ServiceMaster by Reed offers a team of experts who are trained and certified to handle trauma cleaning coral springs. Our expert team is dedicated to removing and disposing of any infectious waste right away so you can return to normal as soon as possible.   
Pollen Allergies In Pets During Spring
Michael Wahn 2022-01-07
img
During the spring season, pollen spores scatter into the air. Flowers, trees, grass, and other allergens abound. Your veterinarian may conduct an allergy test utilizing skin and blood samples. Anti-flea treatment may be given orally or applied topically to treat FAD symptoms. Treat your home and, if desired, a flea-infested yard.
Children Flu Shots in Coral Springs | Sawgrass Pediatrics
Sawgrass Pediatrics 2022-02-03
img
For newborns, children, and Children Flu Shots in Coral Springs, Sawgrass Pediatrics provides the finest quality diagnostic, preventative, and therapeutic services available. The pediatricians at Sawgrass Pediatrics in Coral Springs and Boca Raton are always available to answer your questions and support parents as they navigate the hurdles that each stage of a child's life presents. We accept patients from the age of birth until the age of eighteen. In the Parkland, Coconut Creek, and Margate areas, we continue to accept new patients. Call (954) 752-9220 for additional information.
Tree Trimming Products Getting Suggestions
article names 2021-03-09
img

Cutting timber, hedge crops, or perhaps floral timber needs an excellent talent.

The most important thing you should contain could be the shrub-cutting products.

Mostly, you will need a few principal types of equipment, like the lopper, the particular chainsaw as well as the rod shrub clipper.Needless to say, the particular last option products let you reduce the particular divisions regarding older timber tree removal coral springs fl.

When you have extremely taller timber within your ingredient, you must rise at the top to prune.

Don't forget any steps and also a couple of shoes or boots together with excellent outsole grip, at the same time.One other piece of equipment you need to take into account is usually surrounding the particular timber or perhaps timber.

Basically lookup the net regarding finest little cutting equipment to produce work profitable.

Hair Stylists Parkland | Edinea Hair Stylists
Edinea Hair Stylists 2022-01-07
img
At Edinea Hair Stylists in Parkland, we are committed to the beauty and health of your hair. In addition to hair cuts, styles, blowouts, and extensions, we provide unique hair treatments to improve the strength and texture of your hair. Argan stem cell therapy, deep keratin filler, keratin treatments, and hair Botox can all help your hair look healthy, hydrated, and frizz-free.  If you live in Coral Springs, Parkland, or Tamarac and need a hair salon for all of your hair service needs, Edinea Hair Stylists is the place to go. Our broad range of hair cuts, styles, and treatments will fulfil your needs for every occasion.