Why would you want to switch to an FHA loan, help me understand.
The quick answer is yes. An FHA loan is NOT a first time home buyer loan, but is commonly used by first time home buyers because of small down payments, lower credit score and higher debt to income allowances. I lend in MN, WI, IA, SD, and ND. Find me at FirstTimeHomeBuyer-MN.com. NMLS274132
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