beb86 wrote:
If you have at least 3.5% to put down I would try FHA over VA you will pay more in closing cost with a VHA I mean @ 0% down the will get there money somehow. My scores or at least my middle score was similar to yours and I was approved just fine. We used 5/3 as our LO. Hope this helps!!!!
VA is preferable to FHA. The funding fee qualifies as a qualified mortgage insurance premium (even if rolled into the loan) and is 100% deductible on your tax return. It's one of the few instances where PMI is deductible.
FICO scores: 819 (EQ) 815 (EX) 803 (TU)
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