gift of equity
FHA Construction Loan Requirements
Are you looking to have a house built? Today we’ll discuss the critical requirements for the FHA construction loan.
An FHA construction loan is a type of loan provided by the Federal Housing Administration (FHA) that is used to finance the construction of a new home or the renovation of an existing home. To qualify for an FHA construction loan in the United States, borrowers must meet several requirements.
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1. Credit Score
Borrowers must h...
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