Information about loans from the U.S. Department of Housing and Urban Development any buying homes with a low down payment.
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FHA loans have been helping people become homeowners since 1934. How do we do it? The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal.
What does FHA have for you?
FHA might be just what you need. Your down payment can
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Detailed answers for new home buyers seeking a first mortgage. Also features a library of PDF files for download.
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Common Questions from First-time Homebuyers
Why should I buy, instead of rent?
Answer: A home is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income
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