FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose | NerdWallet
Even though conventional loans account for more than 80% of home loans used to purchase homes in the U.S., mortgages aren't one size fits all. That's where an FHA loan comes in, but what is it and is it right for you? Home Nerd Kate Wood has got you covered.
Suggested Articles:
FHA vs. Conventional Loans: www.nerdwallet.com/article/mo...
FHA Loan: What You Need to Know:www.nerdwallet.com/article/mo...
What Is a Conventional Loan?:www.nerdwallet.com/article/mo...
Chapters:
0:00 - Intro
0:20 - General Information On Home Loans
0:42 - Conventional Loans Explained (Lending Standards)
0:54 - FHA Loans Explained
4:31 - Types of FHA Loans
5:15 - Comparing FHA Loans To Conventional Loans
6:41 - PMI Removal Tips
7:51 - Appraisals for Conventional Loans Explained
About Versus:
Versus is all about financial decisions and weighing your options. Our financially-savvy Nerds break down two similar product or services explaining why they are different and who they work well for. In the end, you will have an understanding of each option and what could work for you!
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FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose | NerdWallet
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Пікірлер: 18
Thank you for that information. I am pulling out the last 7 strands of hairs on my head dealing with my home search. Thanks again.
Thank You, very helpful and informative. And Enjoyable! Will share.
Excellent video, very informative. As a part of high school graduation this should be required viewing.
Thank you for explaining this. I’m currently in the market and this helps me look for better homes.
Thank you so much
very nice video
This has been very insightful. I wish more KZreadrs take the time to create quality content like this. Thanks for sharing this take on FHA and Conventional Mortgage. Keep it up!
Good luck finding a lender who approves 500 even 580
I like the explanation
Great helpful info. 1.75% upfront for PMI and monthly payments! That seems crazy!
Wish I had found this video sooner.
I and my man were told that the credit score must be 580 and his is 550 to get an fha loan
Why would a lender try to get an FHA loan for my sister and then change it to a conventional loan? She has some CC debt and wants to buy my deceased mothers home from the trust my mother setup. She already owns a 1/4 of the house.
I had to have a 640
your shelves are a little crooked
@colbyreader
Ай бұрын
Really worrying about the important stuff here
@horacesibbley2814
10 күн бұрын
Lol ok Mr. Monk
WHO tf is FHA for?!!!!