FHA Loan

BobMortgage Zone: What is The Difference Between FHA vs. Conventional Loans?

By Joanna England / October 26, 2018 / 0 Comments

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 […]

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Have FHA Loans Lost Their Luster? Changes in Mortgage Lending Make Conventional Loans Now a Better Deal

By Candy Evans / July 18, 2012 / 0 Comments

   For decades, it was a pat answer. If the borrower’s home mortgage application had a little ugly around the edges, push them toward an FHA loan. That’s because FHA loans would accept all of the hard cases that made conventional mortgage lenders turn up their noses. From wee down-payments and less-than-pretty credit to iffy […]

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