What I Like to Hear
There is a great post over on the Utah Home Experts’ Blog about why FHA Loans are great not only for first time home buyers, but for ALL buyers as well. The post also examines why selling a home to an FHA financed borrower can be a great benefit, especially because FHA home restrictions are looser than they once were.
The post also addressess a misconception about FHA Loans:
There is a misconception among many buyers that once they have had a FHA loan they can no longer apply for one again. There is no restriction for the number of FHA loans that one buyer may have so long as they only have one at a time and they have not had a foreclosure that caused a loss to FHA.
Check it out!
