What is the main advantage of a guaranteed loan?

Is there a penalty for early payoff?

I applied for the $100,000.00 Guaranteed Loan, but I received a loan for only $50,000.00?

If I have applied and been approved for a FHAP loan; how soon can I close on the property?

I have had, or currently have a FHAP loan; am I able to pay this loan off and reapply for another FHAP loan?

Are only full-time University of Colorado tenure & tenure track faculty eligible for the FHAP program?

My FHAP application has been approved, can I use a lender of my choice?