An FHA loan is something that can make a first time home buyers dream come true with less financial restrictions than a traditional mortgage. But what exactly is a FHA loan? And what are the requirements for one? Well in todays video we are going to take a deep dive into all things FHA.
Chapters: 00:00 - Intro 00:28 - What is an FHA loan? 01:00 - What Are The Requirements? 02:43 - How FHA loans work? 03:37 - Pros of FHA loans 07:12 - Cons of FHA loans 09:12 - Final Thoughts
— DISCLAIMER — Nicole Nark (NMLS 2476462) is licensed in all 50 states with the Dan Frio Team at Allied First Bank (NMLS 203463), an Equal Housing Lender. Separately, Nicole is a licensed Realtor and the Principal Broker of HomeWay Realty. HomeWay Realty is not a lender, does not issue loan qualifications, and does not extend credit of any kind. The topics discussed, and ideas presented are Nicole Nark's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice. Allied First Bank is not affiliated with the VA, FHA, or any other government agency. This video has not been approved by any government agency.
