Do you have mortgage financing questions? Are you considering buying a home and need a mortgage? Watch our video on some of the differences between conventional and FHA financing. The most popular FHA loan has a low down payment requirement of 3% that allows 100% of the money needed to be a gift from a relative or government agency. FHA is not as strict as the conventional loans on income to debt ratio. Check out the below video to find out more information on some of the differences in FHA and conventional loan requirements.
The video explores some of the highlights of differences between conventional and FHA – Click here FHA vs Conventional Contact a R. Alexa Group real estate agent today and they can connect you with a local lender to get started.