170: Everything you need to know about FHA loans, 2024 updated breakdown
Episode description
I breakdown the updated 2024 FHA loan guidelines for 1st time home buyers. In this episode I break down.
The history behind the FHA
Who is eligible for an FHA loan
Who is considered a 1st time homebuyer by the FHA
The FHA loan occupancy requirements
FHA loan credit guidelines
Mortgage insurance for an FHA loan
Pros and cons of an FHA loan v a conventional loan
FHA rates v conventional loan rates
2024 FHA loan limits
Seller concessions for an FHA loan
DTI requirements for an FHA loan
How the FHA treats student loans
FHA loan appraisals
FHA 203k rehab loan
House hacking with an FHA loan and the FHA self-sufficiency test
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David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
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