If you are a first time home buyer, you may sit down with a lender and discover that the loan you best qualify for is an FHA loan. Maybe you have heard that sellers in our current market are hesitant to accept FHA loans, and statistically it does seem that FHA is being accepted less and less.
In August-September of 2017, 1,205 homes closed in York county. 785 of those homes (65%) stated they would accept FHA financing. 318 of those homes (26%) did closing with FHA financing.
In August-September of 2022, 1,190 homes closed in York county. 679 of those homes (57%) stated they would accept FHA financing. 141 of those homes (12%) did close using FHA financing.
In June-July of 2022, 1,275 homes closed in York county. 752 of those homes (59%) stated they would accept FHA financing. 175 of those homes (13%) did close using FHA financing.
While those sellers stating in their listing that they will consider FHA financing holds somewhat steady, the sellers...
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