Here are some differences between FHA and conventional loans 

- FHA loans are backed by the Federal Housing Administration, while conventional loans are not.

- FHA loans have lower credit score requirements, and you can qualify for an FHA loan with a credit score of 580, while a credit score of 620 or higher is recommended for conventional loans.

- FHA loans require a down payment as small as 3.5%, while conventional loans require a down payment of 20%.

- FHA loans require mortgage insurance premiums, while conventional loans require private mortgage insurance if you put down less than 20%.

- FHA loans have stricter appraisal standards, while conventional loans have more lenient appraisal standards.

- FHA loans are generally easier to qualify for, while conventional loans are harder to qualify for.