What are the disadvantages of an FHA loan?My husband and I have only met with one mortgage lender so far, and they didn't even consider/explain conventional loans to us, likely because we have many debts and little to put down. We are considering FHA because even the 3.5% down will be difficult for us, but we were pre-approved based on our incomes.January 03 2010 - Syracuse00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.