A sector of the market that is not necessarily being met by other loan programs is being served by FHA insured mortgages.
Buyers would love to secure a conventional 80 percent mortgage without mortgage insurance and get the lowest cost of financing possible, but if they can’t put down 20 percent then it isn’t really an option for them.
VA loans which are 100 percent are another option that are only available to those who are veterans with intact eligibility.
Some buyers could be eliminated by CONTINUE READING--->
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