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Updated almost 4 years ago,
FHA or FANNIE/FREDDIE
First home purchase in Charlottesville, VA.
Looking at 220k for small SFH or townhouse.
Shopping around with lenders rn to find the best loan and get preapproved and so far so good!
Question is, for a first timer, what are my downsides of using a Fannie/Freddie over FHA?