FHA Financing ~ Some In's & Out's
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Uploader Comments (ToddPicconi)
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Todd, what's the interest rate for FHA right now? What are some negatives with going with FHA? Also what do you think of Your Best Rate Financial?
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Interest rate has been fluctuating between around 6% and 6.5%. Some negatives about going with FHA are that the property cannot be missing things like smoke detectors, and possibly other items like kitchen cabinets, etc. So if you're financing a fixer, it probably won't work. This is designed to protect the Buyer, which is obviously and advantage to you or them. Not sure what you're talking about when you say "Your Best Rate Financial"? Thanks for the comment.
ToddPicconi 3 years ago