What is an FHA loan and how can it be an advantage?

[Nicholas Salman]

An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers.

Some lenders vary on minimum credit score, avg being a minimum of 620 credit score

3.5% down

DTI ultimately up to the underwriter, but should be ideally no more than 50%

Must be owner occupied!

Hope this helps!