FHA Loans: Return to 0% Down
June 5, 2009 by admin
Filed under Luxury House News
The days of home buying with little or no money down may be back—this time thanks to Uncle Sam. Blamed for contributing to the housing bubble, zero-down-payment loans largely vanished when the market crashed and Congress blocked seller financing for government-backed loans. Now the federal government will be forking over cash at closing, writes Theo Francis for BusinessWeek. Click Here to read the full article.
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