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FHA Mortgage Loans - Getting Them Done |
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Written by Paul Dunn
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Monday, 16 June 2008 12:27 |
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FHA Mortgage Loans are generally the most attractive loan options on the market in today's Real Estate environment.
FHA Mortgage Loans have gained popularity among the First Time Home Buyer niche. Specifically due to the fact that:
- FHA Mortgage Loans are generally easier to qualify for than conventional loans
- Prior credit problems can be explained in a credit explanation letter to the underwriter
- Lower down payment requirements - 3% is standard, zero can be obtained with a down payment assistance program
- Lower monthly mortgage insurance payments than conventional financing
Click here to get a FREE pre-approval for an FHA mortgage loan.
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Last Updated ( Monday, 16 June 2008 13:07 )
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