By W. Todd Galde
If you have 20% down, great credit, and solid income than a Conventional mortgage is most likely the way to go... but... what if you don't have the best credit or down payment or you have too much debt? You may have to find an alternative. FHA mortgages exhibit some unique qualities which set them apart from Conventional loans and have the flexibility to get approved where otherwise you might not. Here are 10 good reasons to consider FHA over a Conventional loan with Fannie Mae or Freddie Mac:
As you can see, if you're in a bind and you don't want to lose out on your dream home, FHA financing may be a great solution for you. And, we can refinance you out of the FHA loan in the future!
Advising smart financing for you and your family,