What is the downside of a conventional loan?

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Eldred Bruen asked a question: What is the downside of a conventional loan?
Asked By: Eldred Bruen
Date created: Tue, May 18, 2021 1:10 AM
Date updated: Mon, Sep 26, 2022 1:05 PM

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Video answer: The pros and cons of a conventional mortgage

The pros and cons of a conventional mortgage

Top best answers to the question «What is the downside of a conventional loan»

A disadvantage to conventional lending is generally lower debt-to-income ratios are required. Low income and high debt scenarios pose additional risk to private lenders, therefore debt ratio requirements are more stringent with conventional loans.

Video answer: The difference between fha and conventional home…

The difference between fha and conventional home…

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Video answer: The pros and cons of fha loans

The pros and cons of fha loans