Honestly, I hear you on the FHA route. When I bought my place, my credit was just okay—not terrible but not “conventional” material either. The PMI on FHA isn’t fun, but it got me in the door, and a few years later, I refinanced to conventional once my score bounced back. Curious—did you run into any issues with sellers preferring conventional buyers? That was a surprise headache for me...
Curious—did you run into any issues with sellers preferring conventional buyers? That was a surprise headache for me...
Oh man, you’re not alone there. Sellers see “FHA” and sometimes act like you’ve got the plague. It’s wild. I’ve had clients lose out on houses just because the seller thought FHA meant “flaky buyer”—which is nonsense, but perception is reality in this game. The trick is to have a lender who can vouch for you and maybe sweeten the offer elsewhere (bigger earnest money, flexible closing date, etc). Sometimes you gotta dress up that FHA offer and hope for the best.
Honestly, I’ve seen sellers warm up to FHA buyers if the property’s in good shape and the buyer’s got strong financials. It’s not always a dealbreaker. Sometimes, folks overstate the bias—depends on the market and how competitive things are. Just my two cents.
FHA VS CONVENTIONAL LOAN—WHAT'S EASIER FOR A NEWBIE HOMEBUYER?
I hear you, but my agent made it sound like going FHA was basically showing up to the party in sweatpants—like, sellers would side-eye me and move on. Maybe it’s just our market? Has anyone actually had an offer accepted with FHA lately, or am I just being paranoid?
I get what your agent’s saying, but I actually refinanced from FHA to conventional last year and it wasn’t as dramatic as people make it sound. I’m curious—are sellers in your area really that picky, or is it just the listing agents pushing that narrative?
