FHA vs. Conventional: Which Loan Is Actually Better for First-Time Buyers?

There's no universal answer to FHA versus conventional, it genuinely depends on your specific numbers. In this video, Brandon Carus, mortgage loan officer with Cream City Mortgage (CCM), breaks down the real differences: down payment minimums, credit score expectations, and the key distinction between FHA's fixed mortgage insurance premium and conventional's credit-and-down-payment-based PMI. Brandon also explains why FHA can be a smart backup option even for buyers who don't initially qualify for conventional financing, and why the "better" loan ultimately comes down to whichever one lands you the most affordable monthly payment. Not sure which path fits your situation? Reach out to Brandon directly and he'll run both scenarios for you.

Reach out to Brandon directly

Have a question about your specific situation? Let's talk through it.