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What is the difference between a conventional mortgage and FHA loan?
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The conventional mortgage isn't insured by the federal government, whereas, the FHA loans are insured by the government. Also, the down payment is lower in FHA loans than in conventional mortgage.
How does one qualify for cash loans?
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1 Answers
The individual needs to have a verifiable source of income, an open checking account, and a government issued photo ID, if they wish to qualify for cash loans.
How To Get Government Grants?
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1 Answers
Reach out to the federal, state, or county government agency that administers the program. Loans are made by traditional lenders, but the government programs help these lenders make loans that they might normally not fulfill. Grants are available depending on your income level and work to be done.