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FHA loans
Loans insured by the US Department of Housing and Urban Development (HUD). These are either fixed or adjustable rate loans structured to make housing more affordable, especially for first time home buyers. FHA loans require a lower down payment than conventional loans - as low as 3% of the appraised value or purchase price when using FHA insurance. Limitations on FHA loans are based on home type and location.
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- FHA loans -
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