Finance
An FHA loan differs from a conventional loan primarily because:
AFHA loans require no down payment
BFHA loans are insured by the Federal Housing Administration, allowing lower down payments and more flexible qualifying✓ Correct
CFHA loans are only available for investment properties
DFHA loans have no loan limits
Explanation
FHA loans are insured by the Federal Housing Administration, allowing borrowers to qualify with lower down payments (as low as 3.5%) and more flexible credit requirements than conventional loans.
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