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Who should get an FHA Mortgage? FHA Loans are great for anyone that’s looking to purchase a home. This is because the requirements and guidelines for FHA is much more lenient than traditional mortgages Anyone can qualify for an FHA mortgage regardless if they’re a first-time buyer, or not.
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No monthly mortgage insurance premiums or PMI to pay. FHA loans come with both an upfront and an annual mortgage insurance charge. An assumable mortgage, typically subject to VA and/or lender approval. You may be able to have someone take over your mortgage payment, which can be a big.
Mortgage Communications Spot – Florida Mortgages, Tampa Bay, Loans for First Time Buyers, FHA, VA and Refinance. You qualify for the tax credit if you are a first time buyer (or have not owned a property in the last three years). Home loans are taking a lot longer to process even if your.
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