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: nerdwallet.com/article/mortgages/fha-loan-vs-conventional-mortgage
FHA Loan: What You Need to Know: nerdwallet.com/article/mortgages/fha-loan
What Is a Conventional Loan?: nerdwallet.com/article/mortgages/conventional-mortgage
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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