Pros and cons of getting a foreclosures with an FHA Mortgage Pros and cons of getting a foreclosures with an FHA Mortgage Just like financial support a home having any other kind off financing, to get a foreclosures with an FHA financing comes with its upsides and you can cons. Of course the fresh new foreclosed property goes unsold on auction, the lender will get who owns the house or property in the place of a keen personal Low down fee. For those who have a credit history of at least 580, an FHA loan just requires an excellent 3.5% down – that is reduced than the old-fashioned 20% down necessary for of many loan providers.閱讀全文 “Pros and cons of getting a foreclosures with an FHA Mortgage”
