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An FHA mortgage may be right for you if
Your credit does not meet the requirements for a conventional loan.
If you have limited cash for a down payment
Allow you to get into a home with a minimum down payment of 3.5% of the purchase price.
Allow you to purchase a 1-4 unit property, you must live in one of the units and can rent out the other unit(s).
Come in 15- and 30-year options.
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