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san diego fha loansan diego home buyer: Buying a San Diego Home through FHA-Common Myths - 06/30/10 02:01 AM
Common Misconceptions About FHA Home Loans
Purchasing a San Diego home using FHA is a popular financing strategy for home buyers. They're especially popular with first-time buyers who don't have much of a down payment saved up. But FHA loans are also commonly misunderstood. Here are some of the biggest misconceptions about these loans.
But first, a quick definition. An FHA loan is simply a mortgage loan that's insured by the Federal Housing Administration. The FHA is part of the Department of Housing and Urban Development, better known as HUD. This government agency insures mortgage lenders against losses resulting from borrower default. This … (0 comments)

 
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Deborah Engel, San Diego Homes & Property

San Diego, CA

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Prudential California Realty

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San Diego real estate discussion. MLS updates, property and market analysis. First time homebuyers, relocating homeowners, selling and buying homes.


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