Conventional VS FHA Mortgage

pros and cons of fha loans

Another edition of mortgage match-ups: "FHA vs. conventional loan." Our latest bout pits fha loans against conventional loans, both of which are popular home loan options for home buyers these days.. In recent years, FHA loans surged in popularity, largely because subprime (and Alt-A) lending was all but extinguished as a result of the ongoing mortgage crisis.

Fha Interest Rates 30 Year Fixed FHA Home Loan Mortgage Rates – FHA News and Views – One recent Marketwatch article about home loan interest rates includes. The marketwatch article notes, “30-year-fixed has averaged 4.21%,

Despite some of the drawbacks of FHA loans, FHA home loans serve perfectly the needs of some clients. So, you should educate yourself about both their cons and pros and check whether you are one.

Pros and Cons of FHA Loans If you’re looking to buy your first home and are saddled with student loan debt, you may have a decision to make. Should you use your resources to pay off your student loans first, save up for a down.

fha loan versus conventional fha loan requirements for sellers fha loan reader questions: building Code and FHA Minimum. – FHA Loan Reader Questions: Building Code and FHA Minimum Property Requirements. A reader asks, “I have a front porch that is 40 feet long and 12 feet wide and is about 3 1/2 to 4 feet high, would FHA require banisters around this porch?It has steps with railings on each side to come onto the porch.”