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...

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  • 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!

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