Finance
FHA loans in Hawaii differ from conventional loans primarily because they:
AA. Require no down payment for any buyer
BB. Are insured by the Federal Housing Administration, allowing lower down payments and more flexible credit requirements✓ Correct
CC. Are only available for properties on Oahu
DD. Have no loan limits
Explanation
FHA loans are government-insured, which allows lenders to offer lower down payments (as low as 3.5%) and more flexible credit standards than conventional loans.
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