FHA loans are like a doubled edged sword: there are good sides and there are bad sides. The good helps you get into the home you want without breaking the bank; the bad leaves you with quite a hefty monthly payment and limitations on where you can purchase a home. First time homebuyers and those that are trying to recover from the housing crisis are great candidates for this loan. The others can determine whether or not it is right for them by determining their ability to put … [Read more...]