Browsing Tag:Payment

fha-mortgage-down-fee-details
Some borrowers get nervous when they have to make a down payment. It's more than some have spent on one thing at once in their adult lives, who can blame them for worrying? FHA home loans allow down payment gifts and grants and that can be of great help for the first time home buyer. The rules...
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fha-residence-mortgage-down-fee-help
Worried about paying a down payment on a home loan? There are home loans that require higher down payments than others, but the FHA loan program only requires 3.5% for borrowers with qualifying FICO scores. FHA loan rules in HUD 4000.1 say:Borrowers with FICO scores of 580 or higher will qualify for the lowest down payment.Borrowers with FICO...
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