Conventional mortgages are offered at 10, 15, 20, 25, and 30 year terms. There are a number of advantages to a conventional loan; these advantages include flexibility and lower costs. Also, conventional loans do not have up-front mortgage insurance. FHA loans are insured by the Federal Housing Administration and require a minimum of 3.5% down.
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Rob H. Boudrero Iii —
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Real estate in Thayne, WY