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How to buy a house?
2 Answers. Asked on 2015-06-18
More details to this question:
Answer 2015-7-2 11:06:38,Total reply:2
I ansefordad   dt  test
Answer 2015-6-18 16:47:15,Total reply:2
Since the 2008 recession, many changes have occurred in the home buying and mortgage industries, including requirements regarding down payments. All segments of the home mortgage industry have seen significant tightening of lending standards, and, in general, home buyers looking to use a conventional mortgage product can expect to need 10 to 25 percent of the home’s sale price as a down payment. Government loans can still be secured for significantly less money down than conventional loans. However, even down payment and credit history requirements for FHA and VA loans have been altered to the degree that it can impact how much money you can borrow, and at what rate.
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