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FHA Loans vs USDA Loans (2021) - Which Is Better For You?



What’s the difference between an FHA loan and a USDA loan? We’ll break down all of the aspects so you can choose the best mortgage to buy your home.


FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm

USDA Property Limits: https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp

USDA Income Limit Quiz: https://eligibility.sc.egov.usda.gov/eligibility/incomeEligibilityAction.do?pageAction=state


GET A RATE QUOTE:

✅ Purchase: https://www.credible.com/mortgage?utm_source=winthehouseyoulove&utm_medium=referral&utm_campaign=mortgage

✅ Refinance: https://www.credible.com/mortgage-refinance?utm_source=winthehouseyoulove&utm_medium=referral&utm_campaign=mortgage_refi&utm_content

*Advertisement from Credible Operations, Inc. NMLS ID# 1681276


FREEBIES:

✅ Max Purchase Price Calculator: https://winthehouseyoulove.com/max-mortgage-payment-download

✅ 7 Proven Ways To Save Thousands On Your Home: https://winthehouseyoulove.com/free

✅ Listen To The Podcast: https://plinkhq.com/i/1493715474


AFFILIATES:

✅ Online real estate school with 30% discount: https://trk.realestateexpress.com/?a=14740&c=158&p=r&s1

✅ The recording gear I use: https://www.amazon.com/shop/winthehouseyoulove


0:00 What you’ll learn

0:35 Overview

2:48 Credit score requirements

4:14 Rates

5:16 Sponsor

5:55 Credit events

7:06 Debt-to-income ratios

8:21 Loan limits

8:52 Down payment and closing costs

10:41 Seller credits

11:09 Special requirements/features

16:00 Appraisal

17:23 Mortgage insurance

19:25 Seller perception

21:12 Monthly cost comparison

22:40 Total cost comparison

24:08 What I would choose

24:30 FHA vs Conventional


LEGAL:

As an Amazon Associate, I earn a commission from qualifying purchases.

*Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit https://www.credible.com/a/state-licenses for important information about Credible’s licenses.

Credible pays Win The House You Love an advertising fee when you submit a pre-qualification request.

Kyle Seagraves

NMLS# 1701021

Motto Mortgage Alliance

8900 N. Dixie Dr.

Dayton, OH 45414

Equal Housing Opportunity

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