FHA loans have increased in popularity due to their availability and 3 main reasons.  1. Gift Funds, 2. Non occupying co-borrowers and 3. Slightly blemished credit history
FHA Loans allow the above 3 factors to be present on a loan. Now please keep in mind you can't have awful credit, but FHA guidelines allow slightly tarnished credit if you've been a good payor over the last 12 months. Listen to this week's podcast for more details.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
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