The FHA loan program is one of the most popular first-time homebuyer programs in Missouri. Backed by the Federal Housing Administration (FHA), FHA loans are distributed by local, third-party lenders throughout the state. They come with lower interest rates, but the biggest benefit is a low down payment requirement.
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London’s booming home real estate market is leaving some single people. Amber Mihm, a mortgage broker with Dominion Lending, said she’s not surprised by the report, saying first time buyers often.
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This September, Canada’s federal government is launching program aimed at helping first-time home buyers afford their mortgages – but literally nobody who buys a house that exists in Toronto right now.
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