Despite having 10% down payment, sometimes going conventional isn’t always the best route. This client has a 662 credit score and the mortgage payment would be higher with conventional as opposed to FHA. The benefit as well, as interest rates come down, he would qualify for a FHA streamline refinance with no appraisal, and no requalifying needed. Whatever product most homebuyers end up choosing, they will be refinancing in the next 12 months or so. Keep that in mind when buying a home Your home