Unpacking 2 More Loan Types
I’m back with Abel Tejeda for part three of our financing series. In previous videos, we discussed the VA loan; today we’ll cover what you need to know about FHA and conventional loans. The FHA is among the most lenient loan types. It’s a government loan designed to help people with lower income since it allows those with a higher debt-to-income ratio to buy a house. To learn more about FHA and conventional loans, including the requirements to qualify for them, watch our latest video.