Monday, February 24, 2014

FHA Loan Now and Conventional Loan Later?

As you probably know by now, mortgage insurance never goes away with FHA loans, unless you put 10% or more down.  Even with 10% or more down, it still lasts for 11 years.  This rule went into effect in June, and it really makes FHA loans pretty unattractive for a lot of people.  

FHA Loan Now and Conventional Loan Later?

I couldn't have said it any better and I want to share this regarding the current situation with real estate

https://www.facebook.com/share/v/m1zqczZAi2DJYr5V/?mibextid=oFDknk