Home loan question - 20% down or FHA????
Hello Heinz-FHA is a great option if you have a high DTI (debt to income ratio) or, you have very little to put down. But, with an FHA loan you will have to absorb into the loan amount 1.75% for the UFMIP and also pay a fairly high monthly MI. Based on what I hear in your question it sounds as if you would like to...