What is the difference between a regular mortgage and an FHA Loan?
Aside from who establishes the underwriting parameters for the loan, the differences can involve the maximum loan amount, the types of programs available and the loan being insured by the FHA, the biggest difference is that far more people will qualify for an FHA insured loan than will qualify for a comparable conventional mortgage. The program offers virtually the same rates of interest. To learn more, give us a call at 1-800-570-0448 or use our quick application to have a mortgage originator contact you at your earliest convenience.
