The most
affordable areas tended to be less densely populated areas like East Windsor.
Not exact matches
So higher - priced real estate markets like the Bay
Area and Los Angeles
tend to have higher loan limits, when compared to cities and counties with more
affordable homes.
Areas with weaker zoning laws
tend to have more
affordable housing as compared to more restrictive places.
The FHA is not the only low - mod lending source but it
tends to be the go - to one because it has historically made more accommodations for these borrowers and
tends to be the most
affordable option, even with competing agency loans» flexibility increasing in
areas like down - payment requirements, Roque says.
For example, it might be more of a challenge to get a customer in a rural
area to buy $ 70 or $ 80 bag of dog food; they
tend to be interested in more
affordable brands.
For example, first - time buyers benefit from low down payments, which
tend to be found in
areas with
affordable median home prices, multiple financing options, and good employment opportunities upon which to base their new household formation.