Loadingā¦
14
Picked an FHA loan over conventional and it worked out fine
Me and my wife were stuck between an FHA and a conventional loan for our first house in Nashville. We went FHA because our credit was decent but we only had about 5% saved up. The inspection was stricter but it caught a bad roof we would have missed. Has anyone else gone FHA and regretted it later?
2 comments
Log in to join the discussion
Log In2 Comments
webb.christopher5mo ago
Heard FHA PMI is a pain to drop compared to conventional.
6
garcia.charles5mo ago
Yeah getting that PMI off is a whole process, way harder than just refinancing out of it.
1