Are you wondering what loan type is best for you, FHA or Conventional? Well, the question FHA loans vs Conventional loans comes with a lot of different factors. Unfortunately, the answer to this question is not as simple as we would like it to be. Having an FHA vs Conventional mortgage will have pros and cons for each and will depend on your specific situation. In this video, we will go over many factors to help you decide FHA vs Conventional loans, which is better. Deciding between an FHA or Conventional loan will sometimes come down to qualifying and other times just preference. There may be times when you may only qualify with an FHA loan, so an FHA loan will be right for you. There may be times when a Conventional loan may save you money and other times a Conventional loan will be more expensive for you. We will just have to weigh all your options to determine Conventional or FHA loan. When deciding FHA vs Conventional loans which is better, you will need to look at your overall composition to determine the correct answer to that question. FHA or Conventional is a good question to ask, but also a complicated one. If you don't know the answer, your loan officer should be able to answer that for you. If you are looking for a loan officer to get you the best deal, you can go to SmartestLoan.com for help.