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Extended Profile
In order to help, the government’s
FHA Down Payment program issues home loans that require a down payment that’s only equal to 3.5% of the home’s sale price and requires none of it to be your own funds. It may all be a gift or Mortgage Grant. This drastically lowers the barrier to getting
that all-important mortgage loan, so that you don’t have to spend years saving money before putting an offer on a house.