Vancouver Wa Real Estate Blog

Newly discovered Vancouver FHA loans, have quickly become a wildly popular choice for buying WA real estate.  They require a low down payments but charge higher interest to borrowers with lower credit ratings.

The loans require a down payment of only 3.5 percent, while conventional loans require down payments of 10 percent or higher.

However, the products also are drawing some unfavorable comparisons to now-abolished subprime loans.

Finance professionals, however, stress that unlike the infamous subprime mortgages of years past, FHA lenders go out of their way to verify income and ensure that they are not approving “liar loans.”

Crystal Boldt Mortgage and Financing