Amaris Williams | STL REALTOR® on Instagram: "FHA vs. Conventional — What’s the Difference? FHA Loan • Backed by the government • Lower credit score requirements • Lower down payment options • Great for first‑time buyers or anyone who needs more flexibility Conventional Loan • Backed by private lenders • Stronger credit usually required • Potentially lower mortgage insurance costs • More flexibility long‑term There’s no “better” option — it all depends on your credit, your goals, and what makes