Conventional bank loans require mountains of paperwork and can take months to process. (hardmoneyfirst.com)
These loans include conventional bank loans, FHA loans, VA loans, adjustable rate mortgages, and hard money loans. (hardmoneyfirst.com)
Pros and cons: The biggest pluses of conventional bank loans are that they carry low interest rates and, because a federal agency is not involved, the approval process can be a little faster. (businessnewsdaily.com)