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Popular FHA Loans

November 5, 2009 by jenniferlampe · Leave a Comment 

The 203(b) FHA Fixed Rate Mortgage Loan Program is the widely used FHA home loan, especially among first time home buyers. The 203(b) FHA loan keeps your down payment to a minimum. Your closing costs may also be reduced. The 203(b) FHA loan will finance up to ninety-seven percent of your loan. You must qualify with some debt-to-income ratios, but the 203(b) does not have a minimum income requirement. Check with a financial planner about your debt to income ratio, or discuss your financial status with a lender. Find out how to maximize your credit rating before you apply for your FHA loan. Source – www.fha.com

We can do Mortgages, FHA Loans, Refinance, and Debt Consolidation home loans in the following Arizona cities. Avondale, Buckeye, Carefree, Cave Creek, Chandler, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Litchfield Park, Mesa, Paradise Valley, Peoria, Queen Creek, Phoenix, Scottsdale, Surprise, Tempe.

 

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