FHA Mortgages. The main difference between FHA and conventional loan requirements is that the federal government insures mortgages with looser qualifying standards to make it possible for first-timers to achieve the American dream -to buy a home. fha mortgage applicants don’t need to have stellar credit and can gain loan approval.
Fha Home Loan Eligibility Conventional Vs fha loan comparison jumbo credit access benefits From Recent Drop in Rates – The Total MCAI has component indices representing various loan types. The conventional mcai increased 3.6 percent. as investors continue to reduce FHA and VA streamline refi offerings." MBA’s.