Written By: Leslie Petersen, MortgageCurrentcy.com
QUESTION:
I'm fairly new to FHA because the loan limits in my area weren't viable until this year. The problem is my real estate associates aren't convinced that FHA is worth it. They tell me that the seller has to pay for some of the borrower's closing costs, that it's too hard to get clients qualified, and their clients don't like having to pay mortgage insurance.
Is any of this true? I'm not quite sure how to deal with their preconceived perceptions.
Submitted by: Cindi Gardner, Opes Advisors, California
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