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FHA  LOANS

Federal Housing Administration

  • Minimum credit score of 620

  • Minimum down payment of 3.5%

  • Debt to Income ratios must be inside parameters

  • Maximum loan amount of $314,827

  • Minimum loan amount of $50,000

  • Mortgage Insurance required for the duration of the loan (with few exceptions)

  • Funding fee required by government

 

(256) 679-3638

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