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  2. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

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

    In addition to having low down payment requirements and flexible credit criteria, Home Possible lets you apply with a non-occupying co-borrower. Down payment required: 3% Minimum credit score: 660

  3. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA mortgage insurance protects lenders against losses. [1] They have historically allowed lower-income Americans to borrow money to purchase a home that they would not otherwise be able to afford.

  4. FHA loans: Definition, requirements and limits - AOL

    www.aol.com/finance/fha-loans-134807555.html

    Basic home mortgage loan or 203(b) loan: The 203(b) loan is the FHA’s main home loan program. These loans come with fixed and adjustable-rate options, as well as a choice between 15- and 30-year ...

  5. Guide to FHA adjustable-rate mortgages - AOL

    www.aol.com/finance/guide-fha-adjustable-rate...

    FHA loans only require a 3.5 percent down payment but also require the borrower to pay mortgage insurance premiums (MIPs). They also come with a limit to how much you can borrow. They also come ...

  6. FHA loan requirements for 2024: Here’s how to qualify - AOL

    www.aol.com/finance/fha-loan-requirements-2024...

    FHA loan requirements are generally more flexible than what you’ll find with other types of mortgages. They’re designed for low- to moderate-income borrowers with a lower minimum credit score ...

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

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

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

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