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Are 100% Financing Programs Still Available?

With the number of home purchase financing options decreasing daily, buying the house of your dreams is becoming even more difficult. In years past, a buyer could finance the purchase of a home with several programs offering low down payment options. Today with loan underwriting guidelines becoming more stringent, most conventional home loan programs require at least a 10% down payment. Although median... [Read more]

Getting Perfect FHA Loans for You

FHA loans are becoming more popular among people due to mortage market losing many of its 80/20 and 100% financing programs. FHA loans offer buyers a low cost way of purchasing a home. FHA loans are actually not a loan at all but a loan guarantee provided by the Federal Housing Administration for mortgage companies qualified to provide FHA loans. If a person wants to buy home, FHA does not lend money... [Read more]

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