Borrowers With Not-So-Perfect Credit May be Eligible for FHA Home Loans

Washington Post, April 27, 2021–Michele Lerner
While just 9.61 percent of mortgage loans in 2020 were Federal Housing Administration loans, which are insured by the FHA to protect lenders, 83.1 percent of FHA borrowers were first-time home buyers, according to the agency’s annual report.
https://www.washingtonpost.com/business/2021/04/27/pros-cons-fha-loans-first-time-home-buyers/