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Homes That Qualify For FHA Financing In Lafayette La
Homes That Qualify For FHA Financing In Lafayette La
One of the trickiest pieces to the home buying puzzle is the down payment. With the costs we all face day to day, saving 20-30% for a down payment can be tough. Luckily  for Lafayette, La home buyers there are some low down payment loan programs available.
FHA loans are insured by the Federal Housing Association. Such loan products are popular with Lafayette Buyers for a variety of reasons
Low Down payment-- Thanks to the FHA loans, buyers can get into the Lafayette La real estate market for as little as 3.5 percent down. On a 150k loan, 5,250.00 dollars would be needed. That's less than some people put down to purchase a car! The applicant's credit need not be perfect--Given the economy the last 5-10 years, many consumers lack excellent credit. The FHA loan allows Lafayette La home buyers with less than perfect credit purchase a home. How low can they go? Contact us today for a free referral to a great Lafayette La mortgage broker or bank. The protection of a home appraisal-- Don't want to over pay for your next Lafayette La home? Relax! The FHA loan is normally subject to a professional ... more

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