Tarkak9

yup, prepayments.
also, people forget that they're assumable too; for $500 or so. Many lenders/brokers won't remind buyer's that, for obvious reasons. Granted, due to current market conditions and values, it might not be advantageous to assume an existing FHA loan... its a case by case situation.
203k's are something else which is overlooked and misunderstood with FHA loans.
For the longest time, people only focused on interest rate rather than the type of loan... FHA would usually have a noticable difference in rate which steared people away (there were additional monetary motivations and influences of lenders involved too).