FHA is the new subprime. Everyone wants the business, but not everyone can do these mortgages. However, some loan agents don’t let that stop them–they tell you they can do an FHA mortgage, they take your application, and THEN try to refer it elsewhere (for a fee!) or broker the loan through an FHA-approved lender without telling you. This practice is questionable at best and illegal at worst. Continue reading ‘Get an FHA Lender if You Want an FHA Mortgage’
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