What Is The Difference Between A Regular Mortgage And An FHA Loan?

SELF EMPLOYED MORTGAGE LENDERS QUESTIONS AND ANSWERSCategory: FHA QuestionsWhat Is The Difference Between A Regular Mortgage And An FHA Loan?
Thomas Martin Staff asked 5 years ago

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 1-954-667-9110 or use our Full Application to have a mortgage originator contact you at your earliest convenience.

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