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Category: Money Mart Edmonton

What exactly is a Federal Housing Administration Loan (FHA Loan)?

What exactly is a Federal Housing Administration Loan (FHA Loan)? An FHA loan is a home loan released by an FHA-approved lender and insured by the Federal Housing management (FHA). Made for low-to-moderate earnings borrowers, FHA loans need a lowered minimum down re payments and credit ratings than numerous loans that are conventional. At the...

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