Conventional loans are distinguished from FHA insured loans by all of the following, except:
A: Conventional loans provide for a lower loan-to-value ratio;
B: FHA loans generally provide for a longer repayment period;
C: Conventional loans always permit a deficiency judgment, while FHA loans never allow them;
D: Interest rates on FHA loans are generally lower than those on conventional loans.
Answer: C: Conventional loans always permit a deficiency judgment, while FHA loans never allow them;
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