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Changes to loans for first time home buyers

By Chris Richter | Published: January 21, 2010
In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group's portfolio risk while strengthening its overall financials. For consumers, the changes mean higher costs.
Posted in FHA Mortgages | Also tagged FHA, FHA home loan approval, First Time Home Buyer, Loan for First Time Home Buyers, MIP, Mortgage Guidelines | 1 Comment

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