The FHA has many benefits for first time and repeat buyers that individuals can take advantage of. A few examples of these benefits are, the ability to purchase a new home with a low down payment and with a low credit score. Even borrowers who have a significantly lower debt-to-income ratio can take advantage of an FHA home loan. Borrowers can also enjoy less stringent guidelines and requirements when they choose to fund their home with an FHA home loan. These advantages are what make the FHA … [Read more...]