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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 ...
Minimum credit score of 640, first-time home buyer (repeat home buyers in some areas can still qualify), sales price limit of $224,500 statewide. ... Must also use an approved lender and take a ...
PenFed Credit Union. 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans. ... There are many different kinds of first-time buyer programs, including 3 percent down conventional ...
First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...
How to compare lenders as a first-time homebuyer. When comparing mortgage lenders as a first-time buyer, you will want to consider several factors. Loan products may look similar on the surface ...
Federal Housing Administration (FHA) Available from. State-approved lenders. Banks, credit unions, mortgage companies and other businesses that offer mortgages. Minimum down payment. 3 percent. 3. ...
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