FHA loan experiences??

can you share your experiences with FHA loans? to relate, my salary is approx 75K, i am a single female with no children, and i'm looking to buy my first home with little to no down payment...

1 Answer

  • 1 decade ago
    Best Answer

    FHA loans are great. Conventional are great too though. You have to look for a broker that is (1) an FHA approved lender and (2) willing to show you the ins and out of both...side-by-side. Talk to your friends and neighbors and see if any of them had a great experience with a mortgage officer. Get a hold of them and ask them to spend a little time with you to go over your options. Thats the best advice I can give you. An FHA loan is not for everyone and based on what you want to do and your situation will dictate which way you go.

    Good luck!

Still have questions? Get your answers by asking now.