If you're dreaming of buying a home, understanding your mortgage options is key to making that dream a reality. You might qualify for a government-backed FHA loan, but recent updates mean some things have changed for borrowers and lenders.
FHA loans are trending because of recent policy changes and their role in a challenging housing market.
High interest rates and home prices make FHA loans a popular option for first-time buyers or those with less-than-perfect credit.