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Forever Home: A First-Timers Guide to Understanding Home Loans

C4D Crew

Borrowers must have a steady income and provide proof of employment for the last two years to qualify for an FHA loan. Currently, those with a credit score of at least 580 can qualify for an FHA loan with as little as 3.5% For example, the property must be inspected and meet certain standards.

Loans 52
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FHA Guidelines

Real Estate Finance HQ

This guide outlines the types of, as well as the necessary qualifications for, FHA loans. What is a FHA Loan? The FHA, a unit of the Department of Housing and Urban Development, was created in 1934 specifically to help low- and moderate-income families obtain financing for home ownership. Housing Ratio.

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Selling a House ‘As Is’ in North Carolina

HomeLight

If the property is the subject of any lawsuits, foreclosures, bankruptcy, leases or rental agreements, judgments, tax liens, proposed assessments, or other liens or notices that could affect title to the property. Consider a pre-listing inspection. Schaus does warn that there can be a downside to these pre-inspections, as well.

As-is 112