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May 5, 2011
FHA Loans Still the Best?
Kenneth Harney of the L.A. Times reports that although FHA has raised some fees, it still offers homebuyers many advantages over its private-sector rivals:
The FHA . . . continues to offer much higher and more flexible maximum debt-to-income ratios, far more generous underwriting and lower down payments, and will accept FICO scores that conventional lenders and private insurers won't touch.
Steve Clowney
May 5, 2011 in Real Estate Finance, Real Estate Transactions | Permalink
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