oakdale mn fha loans: Oakdale Homes And FHA Loans
- 08/12/11 02:02 AM
One of the common ways of financing a purchase of Oakdale real estate is through a loan program known as FHA (the Federal Housing Administration). This federal program started back in the Great Depression to help with a situation like we have today when foreclosures were on the rise and buyers struggled to come up with a large down payment. FHA loans have many advantageous guidelines for both the MN first time home buyer as well as the homeowner who is renting out their current home to buy another. While the days of the no down payment loan are largely … (0 comments)
One of the common ways of financing a purchase of Oakdale real estate is through a loan program known as FHA (the Federal Housing Administration). This federal program started back in the Great Depression to help with a situation like we have today when foreclosures were on the rise and buyers struggled to come up with a large down payment. FHA loans have many advantageous guidelines for both the MN first time home buyer as well as the homeowner who is renting out their current home to buy another. 
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