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The Federal Housing Administration (FHA) and the U.S.
Department of Veterans Affairs (VA) offer government-insured loans.
These loans have features that make them easier for first time
home buyers to obtain. Such as:
| · Low down payment (usually 0% of
the FHA appraised value of the purchase price, whichever is
lower. |
| · Insurance for the federal government replaces
private mortgage insurance. |
| · Maximum loan amounts vary by county. |
| · Fixed rate and ARM's available. |
| · Allows homebuyer to receive all of part of
their down payment and loan fees from a relative. |
| · Flexible credit guidelines. |
Best For
| · First time home buyers. |
| · Homebuyers who have a limited saving and/or
moderate incomes. |
Click
Here to Complete a Quick Application
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| To
receive $250.00 off closing costs with Harvard Financial
Group click here!
Print out the offer and present it to your HFG broker at your
next appointment. |
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