Home ownership rightfully remains the goal of many Americans and a plethora of government loan programs run by agencies such as the FHA, VA and USDA all provide mortgage programs with little or no down payment requirements. Before buying that dream home, however, a borrower should analyze whether or not it makes financial sense to […]
Do FHA Low Down Payment Loans Make Financial Sense?
April 14, 2012 Filed Under: Benefits of FHA Mortgage, FHA Down Payment Requirements, FHA loan, FHA mortgage
FHA Mortgage Financing Is The Only Option For Many Borrowers
December 15, 2010 Filed Under: Benefits of FHA Mortgage, FHA Down Payment Requirements
One of the primary factors when choosing between an FHA mortgage and a Conventional mortgage is based upon the amount of down payment required. New home purchasers with less than a 20% down payment usually decides that an FHA loan is the most viable and cost effective option. Traditionally, mortgage borrowers who have less than […]