FHA or Conventional

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amliNagar
Posts: 9
Joined: Fri Jun 22, 2012 4:12 pm

FHA or Conventional

Post 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
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