Posts Tagged ‘Signs’

What are the pros and cons to a FHA home mortgage loan?

Wednesday, October 22nd, 2008
home mortgage loan credit
cornfed asked:


I have terrible credit but have been pre-approved for FHA at 6% interest fixed for 30 years.
I’m wondering if this is the way to go or if there are better ways to buy a home.
I’m a single mom, live in Iowa,have very little for down payment, good rent and work history, and signs that I’ve been working to improve my credit rating.

Edwin