I just heard about a new FHA loan that only requires one half of a percent down. This loan features: Total financing up to 99.5% of the sales price or appraised value, whichever is lower 30 year fixed rate FHA loan Down payment and closing costs assistance via low, fixed-rate second mortgage up to 3% of the sales price No first-time home buyer requirement Minimum credit score of 620 Home buyer education is required If this interests you at all, please let me know. I have no idea how long this program may last. |
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