Finance
A NH borrower with a 640 FICO score would most likely be steered toward which loan product?
AConventional conforming loan at the best rates
BFHA loan, which has more flexible credit requirements✓ Correct
CVA loan regardless of service status
DUSDA loan for any property type
Explanation
FHA loans allow credit scores as low as 500 (with 10% down) or 580 (with 3.5% down), making them appropriate for borrowers with lower credit scores who cannot qualify for conventional financing at favorable terms.
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