FHA loans are usually better for homebuyers, especially first time who may not have the best credit or the best overall financial situation. Thus, find a good mortgage professional and keep him or her for the rest of your days. ...

What’s an Alt-A loan?
Those applying for an Alt-A loan need not provide income verification or documentation of assets. Instead, the approval for an Alt-A loan is based primarily on an individual’s credit score. People who are great candidates for Alt-A ...