Should I get an FHA or a conventional loan?
FHA loans allow lower credit scores and 3.5% down but carry mortgage insurance that often lasts the life of the loan unless you put 10% or more down. Conventional loans usually cost less for buyers with good credit, and PMI can be removed later. Ask lenders to quote both. ListingCraft for Buyers works with either.
Some sellers prefer conventional financing because FHA appraisals have property condition requirements. A clean offer package with your preapproval letter helps either way.