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1% Down Payment FHA Loan – AKA National Stabilization Program

July 13, 2009

1% Down Payment FHA Loan – AKA National Stabilization Program

I have heard from more than one local Realtor that many mortgage professionals are telling them that there is a new FHA Loan that only requires only a 1% down payment. I have good news and bad news. First the bad: FHA has not changed their guidelines recently, they still require a 3.5% down payment. Now the good. FREE money. Money that I am pretty sure many, many people out there can … [Read more...]

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