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  2. FHA loan vs. conventional loan: What homebuyers should know - AOL

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

    A conventional loan is a mortgage loan that’s available without any backing or insurance from the federal government. If eligible, you can get these private home loans from a variety of banks ...

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

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

    FHA loan interest rates run slightly lower than their conventional counterparts: in mid-May, for example, a 30-year fixed FHA loan for a $400,000 house was 6.8 percent, vs. 7 percent for a ...

  4. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.

  5. What is a conventional loan? Everything to know about ... - AOL

    www.aol.com/finance/conventional-loan-everything...

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  6. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. ... This might mean a loan that has a lower interest rate, lower down payment requirement, low or ...

  7. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Islamic Sharia law prohibits the payment or receipt of interest, meaning that Muslims cannot use conventional mortgages. The Islamic mortgage loan cancels any form of interest because of doctrines, so in the mortgage loan process, the lender and the borrower are more like a capital-shared partnership than a debt relationship. [39]

  8. Conforming loans: What they are and how they work - AOL

    www.aol.com/finance/conforming-loans-203505330.html

    A conventional loan is any loan that isn’t guaranteed or insured by the government (FHA, VA and USDA loans). Conventional loans can be either conforming or non-conforming. In short: All ...

  9. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the borrower maintain a certain level of equity in the home as a condition of providing a home equity line, usually a minimum of 15-20%. [3]

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