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3% Down Conventional Mortgage vs. 3.5% Down Payment FHA Loan

By Ken Pederson

Mortgage and Lending with FAIRWAY Independent Mortgage Corp

July 26, 2012 10:58 PM

Ken Pederson of FAIRWAY Independent Mortgage in Lancaster, PA discusses why home buyers ought to have a good understanding of their options, particularly between the 3% down conventional loan and 3.5% down FHA mortgage.

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Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the video. I will check it out.

Jul 26, 2012 11:01 PM

Randy Ostrander

Lake and Lodge Realty LLC - Big Rapids, MI

Real Estate Broker, Serving Big Rapids and West Central MI

Good morning Ken. Good information but as much as I like the Stones I think your video would have been better quality without them helping. They weren't loud enough to hear, just loud enough to distract. Good topic and presentation on your end though. Have a great day!

Jul 26, 2012 11:28 PM

Dan Hopper

Dan Hopper - Gold Way RE - Westminster, CO

Colorado Broker / Referral Services

Good information .... and it is great to see more conventional products out there to compete with FHA ... the FHA MIP has gotten out of hand. It really eats up the buyer's buying power!!

Jul 27, 2012 12:11 AM

James Gillen

Liberty Way Realty - Lake Orion, MI

Broker - Lake Orion, MI

Great video about mortgage products!

Jul 27, 2012 12:14 AM

delete delete

Thanks Ken,

This is some good info that can really help some buyers!

Jul 28, 2012 11:59 PM

Ken Pederson

FAIRWAY Independent Mortgage Corp - Lancaster, PA