Sentences with phrase «favorable credit guidelines»
Aside from low down payments and favorable credit guidelines, FHA home loans have also been quite known for their plain vanilla fixed interest rate mortgages.
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Buyers who are prepared to qualify for FHA loans may gain the benefits the unprecedented intersection of favorable home prices, interest rates, comparatively lenient FHA guidelines, and a tax credit of up to $ 8000 for first time buyers or $ 6500 for eligible current and former homeowners.