Wednesday, June 15, 2011

FHA or Conventional??



One of the most common questions I get from clients and real estate agents is, "What type of loan is better, FHA or Conventional?"  Both loans are great financing options, it is more a matter of where you fit in to each program.  You need to look at credit scores, where your money is coming from how much seller's assistanc you need, and what the mortgage insurance factor is for each loan.