04/20/2019
It is important to do your due diligence, improve your credit, and set yourself up to be in the best position when trying to obtain a mortgage (whether conventional or FHA loan). The last thing you want is to be a victim of predatory lenders, which can lead the market to crash as it did back in 2008.
The federal agency that insures mortgages for first-time home buyers is tightening its standards, worried it's allowing too many risky loans to be extended.