What To Expect When Closing On An FHA Loan
FHA loans differ from conventional loans in several ways. However, their different characteristics are most evident during the closing process. Closing on an FHA loan is not a complicated process, but there are some do's and don'ts that can improve your experience. Learn about some of them here.
Credit Reevaluation
With a conventional loan, a high credit score is required, whereas, with an FHA loan, an individual with a lower credit score still has the opportunity to become a homeowner.