Boston Metro North Real Estate

In my experience... no.  If you have very little money to put down the FHA is doing loans for 3.5% down.   Rates on an FHA loan ranged from 6 to 6.5% with good credit scores. Advantages of an FHA Loan.Lower down payment- 3.5%Loan is assumableHigher qualifying ratios of 29% for housing and 41% for total debtUp-front Mortgage ...