FHA vs Conventioanal loan, CaLoanAgent, please reply.

I am a RE investment starter. The rate for investment is sort of a full point higher than primary rate. An agent tried to sell me FHA loan, which I thought FHA is for low-income applicants. The FHA rate he is selling is lower than the 20% down conventional loan.

What is the downside of FHA loan?

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FHA loans can not be used for investment properties. -CALoanAgent- 给 CALoanAgent 发送悄悄话 CALoanAgent 的博客首页 (32 bytes) () 10/09/2008 postreply 11:57:54

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