Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the ...
FHA loans make homeownership more accessible for first-time homebuyers. If you have a lower credit score or minimal funds available for a down payment, these loans could also be ideal, as the lending ...
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