What You Don't Know About FHA Loans 🏦 #shorts #fha #mortgage #home #history
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What You Don't Know About FHA Loans 🏦 #shorts #fha #mortgage #home #history
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🚨 You might be closer to buying a home than you think. FHA loans can allow 3.5% down with flexible qualifying guidelines—so 20% down isn’t the requirement many first-time buyers think it is. 💬 Comment “FHA” and follow me for more mortgage tips that could help you get into your first home. Helping in 49 states
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Replying to @angelh.01 FHA is not a first time homebuyer program. It is a program for people with low credit scores. If your score is 700 , conventional financing will typically be a much better option. That’s because FHA has a huge upfront fee for using the program and monthly mortgage insurance that is permanent and costlier. If you want help figuring out which program makes the most sense for your situation, book a FREE 15 call with me. L.I.N.K in my bio. . . . #mortgagetips #mortgage #fha #b
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