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

  1. Home inspection requirements

  2. Low appraisals

  3. 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

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