Can I Buy a Foreclosure with an FHA Loan? Requirements and Process
Can I Buy a Foreclosure with an FHA Loan? Requirements and Process.
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What is meant by FHA Loans?
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Let's first know what FHA is before delving into the specificities of buying foreclosures under it. They are loans that the Federal Housing Administration insures, making the lender freer to lend her money without seeing the risk of the defaulted payment or foreclosure. The primary impact of F...