The following entry is courtesy of Jeff Belonger of Cherry Hill NJ, a nationally respected expert on all aspects of mortgage lending. Please visit Jeff's website http://www.fhaloansfhamortgages.com, there you will find a virtual treasure chest of mortgage information. USDA loans in many areas are becoming more popular, yet many loan officers still don't know much about them, hence why they still aren't talked about much. Just as FHA loansweren't used as much as they should have from 2000 - 2006, because subprime and some conventional loans were easier for the loan officer to give to the consumer, even though (1 comments)
fha loans: FHA Loans vs Conventional Loans - 5% down - Things you need to know !!!!
- 05/03/09 05:02 PM
The following entry is courtesy of Jeff Belonger of Cherry Hill NJ, a nationally respected expert on all aspects of mortgage lending. Please visit Jeff's website http://www.fhaloansfhamortgages.com, there you will find a virtual treasure chest of mortgage information.
For several of you that read my blogs, I try and do a FHA vs Conventional purchase comparison once every few months. FHA loans have been more wisely used in recent months as the choice of mortgages. What I hate hearing is that they have taken the spot of the subprime loans. This is not true by any part of the imagination. (1 comments)