Sentences with phrase «costlier than a conventional loan»

When you add those two factors together, you could be looking at a loan that's costlier than a conventional loan would be.

Not exact matches

FHA loans have lower eligibility requirements than conventional mortgages, but they also have more costly insurance fees and different loan limits.

Although, you may end up paying a slightly higher interest rate, seller financing will usually be far less costly than conventional financing because sellers won't charge points, loan origination and processing fees.