Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit
HomeLight
SEPTEMBER 30, 2020
The name comes from the US Department of Housing and Urban Development (HUD). Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. You’ll either need a mortgage or cash (with proof of funds). Source: (Flipboard / Unsplash).
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