Sentences with phrase «typical home loan refinance»
Not exact matches
Let's also say that the loan lasts seven years — which, as it happens, is a typical loan term before an FHA mortgage is paid off, refinanced or erased as part of a home sale.
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FHA loans are designed to help home buyers, so these government - insured loans usually come with more lenient requirements than typical mortgages or refinancing terms from traditional lenders.