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The Federal Housing Finance Agency (FHFA) this week announced the extension of the Home Affordable Refinance Program (HARP) to June 30, 2011. HARP is a refinancing program administered by Fannie Mae and Freddie Mac and expands access to refinancing for qualified individuals and families whose homes have lost value. The program was originally ...
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As the people in governement take time to read the details and talk to people who are directly affected by issues, some of the rules they have passed are starting to be modfied. This is one of them. Beginning February 1, 2010, your chances of buying a home using FHA financing on a property that has been ...
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FHA Program Highlights· Lower down payment (currently 3.5% as of 1/9/2009)· Down payment can be all gift from eligible source · Seller may pay all closing costs up to 6% of the sales ...
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