93. WHAT IS A 203(b) LOAN?
This is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines, limited lender’s fees, and a maximum loan amount.
94. WHAT IS A 203(k) LOAN?
This is a loan that enables the homebuyer to finance both the purchase and rehabilitation of a home through a...
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About FHA Mortgages
How to Buy a Home With a Low Down Payment
A consumer’s guide to owning a home with less than three percent down.
If you’re dreaming of buying a home, congratulations. You’re in good company! About two-thirds of the nation’s households own their own home.
This brochure describes how families can get into their own homes with little cash up front. It explains mortgage insurance and...
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