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Find out which loan best suits the challenges that first-time homebuyers often face. fizkes / Shutterstock.com
Editor’s Note: This story originally appeared on MortgageResearch.com. First-time homebuyers often face challenges on the road to homeownership. Lower credit scores, below-average income, and high home prices can make qualifying for a home tough. So which loan is better to address common first-time buyer struggles, FHA or conventional? The quick answer is FHA (Federal Housing Administration).
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