Page 1 of 1

FHA or Conventional

Posted: Thu Jul 12, 2012 4:01 pm
by amliNagar
Something I learned on FHA, you cant use re-assess the property for the 20%; gotta pay it down the loan the old fashioned way. Other than that, I have no qualms with FHA and it sure helps when you don't have that 20% chunk available this very moment but you will at a future time and you are getting a great deal on a house now.

Thanks in advance,
Amli