Backed by the federal government lenders are more likely to give you the kind of loan that you need
FHA insured mortgages only require a 3.5% down-payment
FHA insured loans are backed by the government giving those with poor credit history options
FHA has programs designed to help homeowners keep their homes during hard times
HARP Phase II's goal is to help you stay in your home by making it more affordable for you to continue
to make your monthly mortgage payments and keep your dreams of affordable home ownership alive.
You can buy a home with no money down. In some cases you can even finance your closing costs.
Government insures the loan so that there is much less risk to the lender.
You can use the loan to repair or add on to your home
640 minimum credit score and must conform to income limits.
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