What Is a Federal Subsidized Loan?

What Is a Federal Subsidized Loan?

A Federal Subsidized Loan is a need-based loan available to eligible undergraduate and graduate students. The government pays the interest on your loan while you’re in school and during your grace period. Checkout this video: Introduction A federal subsidized loan is a need-based loan awarded to undergraduate and graduate students with financial need. The U.S….

What Is the Difference Between a Conventional Loan and an FHA Loan?

What Is the Difference Between a Conventional Loan and an FHA Loan?

FHA loans are insured by the Federal Housing Administration and conventional loans are not. FHA loans have lower credit score requirements and may allow for a higher debt-to-income ratio than conventional loans. Checkout this video: Introduction The main difference between a conventional loan and an FHA loan is that an FHA loan is insured by…