first time home buyer: ATTENTION BUYERS!!! - 04/12/10 04:23 AM
ATTENTION BUYERS!!!
How HUD & the FHA can help you become a homeowner
 
FHA might be just what you need. Your down payment can be as low as 3% of the purchase price, and most of your closing costs and fees can be included in the loan.
FHA, the Federal Housing Administration, is an agency within HUD, The U.S. Department of Housing and Urban Development. FHA was established in 1934 to advance opportunities for lower- and moderate-income American families to own homes. By providing private lenders with mortgage insurance, the FHA gives that lender the security they need to … (1 comments)