Earlier this year a young lawyer bought a pre-1900's fixer in San Francisco. She had over $200,000 in the bank and yet chose to use a regular FHA loan with a 3.5% down payment. At the same time, east of San Francisco, another run down house was being purchased in an affluent suburban neighborhood
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08/13/2012
I often hear agents and buyers express shock and dismay when the real numbers that make up mortgage insurance for an FHA loan are finally on the table, down and dirty for everyone to see. What they should be doing is thanking their lucky stars there is still an FHA loan around to loan money at ra
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08/08/2012