Updated over 13 years ago on . Most recent reply

FHA Loans
Any opinion on getting an FHA loan as opposed to a loan through a bank or mortgage company? Is it easier to get approved through an FHA loan? Any information is much appreciated.
God bless you,
Josh
Most Popular Reply
An FHA loan is a type of loan, which is given by either a bank or a loan company. It is guaranteed by the federal housing administration.
The requirements are similar but the property condition is a lot more stringent than a conventional loan. Also, if the property needs to be rehabbed, there is the FHA 203k.