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federal mortgage programs HUD MAY BE ABLE TO HELP YOU BECOME A HOMEOWNER HUD's FHA has mortgage insurance to help you become a homeowner. FHA doesn't actually make loans. Instead, it insures loans so that if buyers default for some reason, the lenders will get their money. This encourages lenders to give mortgages to people who might not otherwise qualify for a loan. You may be able to get an FHA loan 3% down, or even less! Talk to an FHA-approved lender about to see if an FHA loan might be right for you. HUD also sells homes that are claimed as a result of failed FHA loans. HUD homes are sold "as is," but often they can be very good deals. Check out our listing of HUD homes for sale, and then contact a HUD-approved real estate broker to see if a HUD home might work for you.
Veterans Administration Programs
Department of Agriculture
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