should i get an fha mortgage or a conventional: FHA or Conventional Mortgage - Which is Better (& Why)? - 04/01/19 03:14 PM
FHA or Conventional...this is often the question.  The purpose of this article is to help you (and/or your Clients) articulate the pros & cons of each from an objective perspective.
 
FHA - Stands for Federal Housing Administration with guidelines handed down from the Department of Housing & Urban Development (HUD).  In other words, any Mortgage Lender who originates an FHA loan is beholden to the guidelines of HUD.
 
Pros of FHA Loans:
  
Metophorically speaking, in order to be approved for ANY mortgage loan, you need to "fit in the box" of approval guidelines.  With FHA, "the box" is larger.  In other words, the … (2 comments)

 
Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE (CMG Mortgage, San Diego, CA)

Jason E. Gordon

Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

San Diego, CA

More about me…

CMG Mortgage, San Diego, CA

Address: 11440 W. Bernardo Court, Ste. 300, San Diego, California, 92127

Mobile: 619-200-8031

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

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