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Lake Geneva Mortgage Blog

Serving Lake Geneva, Delavan, Walworth, Fontana, & Williams Bay, WI

By Travis Egan | Mortgage Broker
or Lender in Elkhorn, WI

Are FHA Loans the "New" Subprime?

I recently read an article that suggested FHA Loans are the new subprime.  After my initial shock, frustration soon set in.  I have seen journalists on TV and even read in print this exact claim.  I can understand this as they have never had the privilege of helping someone purchase a home using the FHA loan program but when I have some of my brethren suggest this I begin to worry.  FHA mortgages are so far from subprime that the suggestion would make me laugh if so many weren't repeating it.

Here are a few examples of why this isn't true.  Wisconsin FHA Loans 

Travis Egan

Lender, Delavan Real Estate

Community Bank CBD

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