EP 12 - Why We Love FHA Loans for Home Buyers in 2024

We're back! Michael Farmer and Samantha Lindley hosts of Mortgage Moves Podcast. Tri Cities WA top rated podcast for home shoppers! In this episode we dive into why we LOVE FHA loans. Why do we love them:

In 2024, FHA home loans remain a beloved choice for home shoppers, we can attest to their enduring popularity. These government-backed loans offer several compelling advantages in today's dynamic real estate market.

First and foremost, the minimum-down payment requirement of just 3.5% continues to make FHA loans an accessible option for a wide range of homebuyers, especially in a market characterized by rising property prices. Moreover, FHA loans are known for their lenient credit score requirements, providing opportunities for individuals with less-than-perfect credit histories to achieve homeownership.

Overall, FHA home loans continue to be a versatile and appealing option for home shoppers, offering flexibility, affordability, and sustainability benefits, making them a standout choice in 2024.

If you are looking to make a move on your next home this year, reach out to us to help you along the way. 

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