The Advantages of FHA verses Conventional Loans in Todays Market

     Do to the current crisis in the conventional loan market Fannie Mae and Freddie Mac have raised the cost of making loans.   An adverse market fee has been added to all loans and has recently doubled.  Additional fees or “hits” have been added for various reasons:

An FHA loans has no income limits and can be used by any qualified buyer.

Some FHA loan benefits are:

Loan limits have been raised .

These are the new loan limits for FHA.

New Orleans French Quarter

New Orleans French Quarter

     These were some shots in Jackson Square this past weekend. You can reall take in a lot with a mile of this historic area in New Orleans.

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  1. Upstart Agent

    FHA loans have always been a great option for people struggling to get financing. Those fee raises are going to make it a little bit harder for some.

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Eric Bouler Realtor
Gardner Realtors
Metairie - New Orleans, La. USA