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Posted on Apr 19, 2015 in FHA Information

For credit-challenged homebuyers, visit this site mind owning isn't out of reach
FHA loans: These products, information pills more about insured by the Federal Housing Administration, require a down payment of 3.5 percent and both upfront and annual mortgage insurance. Recently, the annual mortgage insurance premiums for these loans were reduced to 0.85 …
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Wary homeowners offered new ways to finance the next move
“For a little while, you had to make a down payment of 20 percent or do FHA [Federal Housing Administration] financing, but now conventional loans are available with down payments of as little as 5 and 10 percent,” Cohen says. Bill Hampel, chief …
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