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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    First-time buyer loans typically have more flexible requirements, such as a lower down payment and credit score. Many help buyers with closing costs and the down payment through grants and low ...

  3. How to finance a mobile or manufactured home - AOL

    www.aol.com/finance/finance-mobile-manufactured...

    Average price range: $10,000-$50,000. Key features: Typical sizes: Single wide (between 500 to 1,200 square feet) or double wide (between 1,000 to 2,000 square feet). Best for: Someone purchasing ...

  4. First-time homebuyer guide - AOL

    www.aol.com/finance/first-time-homebuyer-guide...

    Explain your credit and financial circumstances: As a first-time buyer, you might not have a long credit history, plan to use a gift funds for a down payment or earn income through a gig work or ...

  5. Do you qualify for homebuyer assistance? You might — even if ...

    www.aol.com/finance/can-i-qualify-for-homebuyer...

    First-time buyers, senior and buyers with poor credit. U.S. Department of Agriculture (USDA) loan. No. Yes. 0% and up. Low-income borrowers, buyers with poor credit and buyers or builders in rural ...

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs. If little or no credit exists for the applicants, the FHA will allow a qualified non-occupant co-borrower to co-sign for the loan without requiring that person to reside in the home with the first time homebuyer.

  7. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

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