Can Homebuyers With FHA Loans Compete in Today’s Hot Housing Market?
Veterans and buyers in rural areas, who may be eligible for loans with no down payment, and lower-income buyers, who may qualify for loans that require as little as 3.5% down, are losing out to all-cash offers or buyers who have more money to kick in. can buyers still secure a home with these low down payment loans? That may depend on just how hot the market happens to be in the area where they’re trying to purchase.
