Hi there! This is Maureen Martin with another mortgage minute.
Just wanted to let you know a couple of tips with regard to FHA financing:
1) FHA loans are not necessarily for first time homeowners or first time homebuyers. Anyone can take advantage of the benefits of FHA financing. There are certain guidelines and requirements
2) Leniency in guidelines. This is typically why people tend to lean toward FHA financing over conventional.
If you have any questions about FHA or home loan financing, please don’t hesitate to contact me!