What is one of the advantages of getting a government-sponsored mortgage
instead of a conventional mortgage?
O
A. Government mortgages are easier to get approved than
conventional mortgages.
O
B. Government mortgages prevent the government from taking the
property for public use.
O
C. Government mortgages allow home buyers to spend more money
on their house.
D. Government mortgages charge lower interest rates than
conventional mortgages.

Since the USDA is taking on a lot of the risk, your lender can offer you a lower interest rate. Ultimately, government-backed loans make it affordable for lower-income households to buy a home. Unlike USDA loans, conventional mortgages aren't insured by the U.S. government.

What is the difference between conventional loans and government loans?

Conventional loans could offer you more flexibility and save you some money in monthly payments if you meet the credit and income qualifications. Government loans, on the other hand, are great for lower-income borrowers with relatively lower credit scores because they increase accessibility to homeownership.

Learn more about What is the advantage of an FHA loan over a conventional loan? here: https://brainly.com/question/14701928

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