The program is meant to help first - time homebuyers who do not have enough money saved for hefty down payments and closing costs. (fha.com)
If you want to increase your chance of getting your mortgage loan application approved, you can offer to pay hefty down payment. (myfinancekits.com)
Don't get gouged by fixed - rate mortgages that require hefty down payments or adjustable mortgages that will end up costing way more money than the bank will have you believe. (hardmoneyfirst.com)