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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. Talk to your agent and a licensed loan officer to explore your options). FHA loans.

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What Are The Best Mortgage Options for Self Employed Borrowers?

Rochester Real Estate

Minimum Credit Score Requirement Credit scores play a major role in all types of loans including conventional and government mortgages. A good loan officer will have a feel for this during your initial discussions. Learn about some of the PROs and CONs of FHA mortgages here!