
Why Sellers don't like FHA or VA loans
89% of Sellers choose Buyer offers with conventional loans over Federal Housing Administration (FHA) and Veterans Affairs (VA) creating a homeownership gap.
FHA & VA loans typically have
Home inspection requirements
Low appraisals
Are slower to close
This homeownership gap puts Buyers with lower income, lower credit scores and less wealth at a disadvantage.
According to the National Associations of REALTORS article dated 7.7.21
