FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose

FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose | NerdWallet

Рет қаралды 74,044

Күн бұрын

Пікірлер: 61

@bababooey8688 11 ай бұрын

Thank you for that information. I am pulling out the last 7 strands of hairs on my head dealing with my home search. Thanks again.

@MoneyOpulence Жыл бұрын

This has been very insightful. I wish more KZbinrs take the time to create quality content like this. Thanks for sharing this take on FHA and Conventional Mortgage. Keep it up!

@LincolnFelix-s4z 2 ай бұрын

Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

@SophiaChloé6f 2 ай бұрын

The deeper your investment roots, the stronger your financial security will be in the future.

@AbigailOliviaq4l 2 ай бұрын

Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.

@LoganGabriel6m 2 ай бұрын

I would love an introduction to an adviser who can help me strengthen my financial roots.

@AbigailOliviaq4l 2 ай бұрын

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

@LoganGabriel6m 2 ай бұрын

Thank you for this amazing tip. I just looked the name up and wrote her.

@mercedezholder7706 Жыл бұрын

Thank you for explaining this. I’m currently in the market and this helps me look for better homes.

@cecilialynch6854 8 ай бұрын

Great helpful info. 1.75% upfront for PMI and monthly payments! That seems crazy!

@KrisAnderson-BOCBank 18 күн бұрын

Great information and very well explained!

@xstalor7720 2 ай бұрын

Thank you so much. You did one of the best job of explaining FHA loan. So basically you don't win either way with a FHA loan, because your paying high in insurance.

@Psalms20A21 6 ай бұрын

Thank You, very helpful and informative. And Enjoyable! Will share.

@Zakdj27 Жыл бұрын

Why would a lender try to get an FHA loan for my sister and then change it to a conventional loan? She has some CC debt and wants to buy my deceased mothers home from the trust my mother setup. She already owns a 1/4 of the house.

@winniejohnson5476 4 ай бұрын

This was a great explanation!! Thank you!

@Ilovelucy12 Жыл бұрын

Good luck finding a lender who approves 500 even 580

@joshharter2624 Жыл бұрын

Excellent video, very informative. As a part of high school graduation this should be required viewing.

@drea24c 9 ай бұрын

Wish I had found this video sooner.

@DileoFilms 3 ай бұрын

So you are stuck with private mortgage insurance with an FHA loan, even after you achieve 20% equity?

@eduardovargas6467 3 ай бұрын

Yeah but it lasts for 11 years

@jaymcbride4081 Ай бұрын

Looks that way if you put less than 10% down. If you put 10 or more it only last 11 years.

@Danish2064 4 ай бұрын

Fun fact, you can get up to 50% dti with most conventional loans

@FoodReviewerByNusrat Жыл бұрын

very nice video

@mattiadizard7431 5 ай бұрын

I and my man were told that the credit score must be 580 and his is 550 to get an fha loan

@alex182618 6 ай бұрын

I like the explanation

@katrinawilliams9095 6 ай бұрын

Thank you so much

@BillLattimore-s2i 3 ай бұрын

005 Jamey Spring

@BelindaWoodson 27 күн бұрын

Word Window

@CecilliaOscar-c3h 2 ай бұрын

Margot Inlet

@thejuiceisloose3785 6 ай бұрын

I had to have a 640

@DrydenTina 3 ай бұрын

646 Breitenberg Mountain

@NumbersKwiat-x5z 3 ай бұрын

Davis Isle

@JaneGrey-n1d 3 ай бұрын

Clemens Green

@RayPestka-f8i 4 ай бұрын

Wanda Ports

@DudleyTatu-g6e 3 ай бұрын

Connelly Corners

@WilliamMartin-r7i 3 ай бұрын

Okuneva Ferry

@StevenColeman-q4l 3 ай бұрын

Kirlin Harbors

@JonathanDryden-j5i 3 ай бұрын

Declan Corners

@martinsomsson 2 ай бұрын

082 Garfield Island

@LaurenJensen-q1g 2 ай бұрын

Brody Port

@GeorgeLee-z6x 3 ай бұрын

Margaretta Squares

@TwainMichell-v6z 3 ай бұрын

Valentina Pine

@BariGrumbling-e2j 3 ай бұрын

Maudie Path

@Dev-d4v 4 ай бұрын

understood nothing

@cdaddy20 4 ай бұрын

I mean no malice but you explained this as if you’re not confident or NW attorneys informed you not to commit to any information provided. I understand viewers will find this video informative but its basic info you’ll find on any brochure. Viewers should already have basic knowledge of what’s mentioned before considering large debts. For some viewers, maybe this isn’t your thing and thats fine. Spend the time seeking professionals based on reliable ratings. Just keep in mind it’s all designed to push the debt. It is ALL designed to push debt. If you understand the last sentence then you’ll probably be fine and have an understanding regarding the steps best for you.