People looking at paperwork

When it comes to loan qualification and making a down payment, FHA loans offer home buyers many advantages over conventional mortgages. But that doesn’t mean they’re the best option for your specific situation. In this video, our CEO and founder, Scott Gordon, helps familiarize you with the cost of taking out an FHA loan. Some of the topics he covers:

  • FHA loans require lower down payments and lower credit scores are accepted
  • Comparing interest rates and closing costs between FHA and conventional loans
  • FHA loan responsibilities like mortgage insurance
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