Which program is better, FHA or conventional?
posted by Bankruptcy Home Loans @ 1/23/2006
Monday, January 23, 2006
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1 Comments:
Typically, with little or no money down, FHA is the better way to go, in terms of a lower initial payment. However, when the borrower has a 20% equity in their home, then, the conventional loan is probably the best way to go. There are many factors to consider when chosing the best program for you. Speak to a loan officer to be sure you make the right chioce.
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