The FHA mortgage loan was created by the US Government back in 1934 to help increase home ownership. That is why the FHA mortgage program one of the easiest types of mortgage loans to qualify for. The mortgage only requires a 3.5% down payment of the purchase price and you can buy a house with No Credit or even Bad credit. Borrowers with bad credit mortgage applicants scores as low as 500 can qualify for an FHA loan.
DO YOU NEED HELP WITH THE DOWN PAYMENT? State and local governments offer help with the FHA mortgage down payment to help increase home ownership.
Click The Links Below To Locate Local Home buyer FHA Mortgage Down payment Assistance Help!
In addition to the FHA mortgage insurance programs, there may be programs sponsored by your state or local government or other organizations.
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