Why First Time Buyers Should Use the FHA Loan

Показать описание

The FHA loan is a government issue loan that helps homebuyers finance their property. This is different from a conventional loan in that it was designed to make home-buying easier.

FHA Loans come with lower interest rates, down payments, and requirements to get the loan. This is part of what makes getting an FHA loan easy.

This video will go through the important pieces of information regarding the FHA loan and WHAT you can use the FHA loan for.

Chapters:
00:00 - How did my wife and I buy our first house?
01:16 - The reason why FHA loans were created
01:44 - One of the biggest perks of the FHA loan
02:37 - The down payment doesn't have to be your money
02:55 - You won't get a rate like this
03:09 - The credit score required for an FHA loan
04:01 - What is an impound account
04:33 - Who can use an FHA loan?
04:55 - How many FHA loans can I have?

#fhaloan #realestatevocabulary #realestateexam
take your real estate career to a new level. It also helps other people interested in real estate find our channel so they can learn more about the world of real estate like just like you are.

Thanks for watching–we'll see you in the next video!