First Time Home Buyer

User Stats

16
Posts
11
Votes

Good Credit = 3% Conventional Mortgage > 3.5% FHA?

Posted Jun 2 2022, 12:44

If you have a good credit score and want a low downpayment, is the best option to go with a conventional mortgage? 

I was originally attracted to FHA loans due to the low down payments but it sounds like a conventional loan is the better offer if you have good credit. Is this always the case?

Hartford, Connecticut

Loading replies...