FHA Mortgages Suit Many, but There Are Downsides

Some in the mortgage industry are concerned that clients who obtain FHA loans find themselves facing more baggage now than in the past. Certainly, FHA is a good option for those buyers who either can’t come up with the minimum 5 percent down payment that Fannie Mae and Freddie Mac now require, or have credit challenges. … Continue reading FHA Mortgages Suit Many, but There Are Downsides