Tag: FHA Loans

Who Qualifies For FHA Loans?

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A Federal Housing Loan (FHA) is a government-backed mortgage that helps individuals finance a home easily compared to other loans. It’s given to those with a low credit score or debts. This loan is also available to those who have become bankrupt or have other financial issues.   What Is a FHA Loan?  This...

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What is the Minimum Downpayment for a Conventional Loan?

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Many house owners are at least familiar with what mortgages are and how they work. However, prospective homeowners or aspiring real estate dealers are new to the term. A mortgage is a loan any prospective homeowners take from a lender to purchase or maintain a home and pays it back with time. Typically,...

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