AN ALTERNATIVE SOLUTION TO SUBPRIME LOANS

As the subprime mortgage industry is in a downward spiral, many first time home buyers and people with less than perfect credit are wondering how, and if, they will be able to secure a mortgage.

There is hope. The Federal Housing Administration (FHA) is expanding their offerings to credit-impaired and first time home buyers with insured mortgages. You can read more about the FHA and their insured loans in this article FHA a mortgage source amid subprime loan mess.