Home › Forums › Housing › FHA loans to become more expensive and/or harder to get? › Hmmm…. They are currently
Hmmm….
They are currently the lowest down product available. Except for VA loans. I am not sure they can be rightly called the new sub prime.
A $300k buyer with 10k in savings and minimum 620 FICO is not perfect but not a terrible credit risk.
FHA appraisals tend to be pretty rigorous too.
