Have you ever wondered what the difference is between an FHA loan and a conventional loan? There’s no better person to ask than our most-trusted mortgage adviser, Bob Johnson (AKA BobMortgage). Frequently asked questions usually center on how the loan type affects appraisals, down payments, and debt-to-income ratios. How does it affect mortgage insurance, and all of the little hurdles that make up a very complex transaction?
Find out today in the 28th episode of the BobMortgage Zone from the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk: