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FHA Loan Program
An FHA loan is a government-insured loan program that has more lenient qualification requirements. Higher qualifying ratio's and less stringent credit requirements make an FHA loan one of the easiest to buy a home with.
Loan Features
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Down payment as low as 3.5%
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Higher qualifying ratios compare to conventional loans.
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Flexible credit requirements (as low as 580 score)
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Generally a lower rate than a conventional loan.
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Upfront Funding Fee and Mortgage Insuranse required.
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