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silasmoeckel t1_j5x04sh wrote

Cash only is cash only and even then some types of loans considered good as cash.

Nothing stopping you from getting conventional approval and switching to a FHA. They want to back out post deposit thats up to them but they have lost time/opportunity at that point. After all you can get approved for some very bad coventialy loans and horrid DTI, does not mean it makes sense to buy a home with them.

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