Tim Lucas spent 11 years in the mortgage industry and now leverages that real-world knowledge to give consumers reliable, actionable advice. Tim has been featured in national publications such as Time, U.S. News, MSN, The Mortgage Reports, MyPerfectMortgage.com, and more.
FHA loans are a fantastic homebuying program. They allow many buyers with lower credit scores and incomes to buy a home. But are there downsides to these loans?