Conventional Mortgages vs FHA Loans

The 2009 fiscal year is shaping up as the biggest on record for FHA loans. Applications for single-family home mortgages were up 50 percent from Oct. 1 through mid-August. Approvals have jumped 70 percent, to 1.67 million. FHA has carved out a huge chunk of the market in the last three years, from 3 percent in 2006 to a whopping 23 percent today. Borrowers of all stripes are turning to the FHA for help in obtaining a mortgage and achieving the dream of homeownership.

Bar Chart graphic - Conventional Mortgages vs FHA Loans
Conventional Mortgages vs FHA Loans is about more than simply rates.
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Buyers Beware: Can’t Miss Free Professional Advice

I’m constantly surprised by the number of clients I speak with who don’t fully understand how real estate agency works. So many people looking for a new home go straight to the listing agent to schedule a showing rather than find themselves a buyer’s agent. I’ll briefly tell you why this isn’t in your best interest.

Photo of hard working Realtor with a client
Is this man your friendly Louisville Realtor?
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