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An FHA loan is a government-backed mortgage insured by the Federal Housing Administration, or FHA. Popular with first-time homebuyers, FHA home loans require lower minimum credit scores and down.
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Becoming a first-time home buyer can be overwhelming. Try these 17 tips to make saving for, finding and buying your dream home a breeze. We’ll help you navigate the process more smoothly and save.
Second mortgages became highly popular in the 2000s, when record yearly increases in house values provided homeowners with a seemingly nonstop source.
Looking at mortgages for purchasing a new home? Watch this Better Money Habits video to learn how mortgages work.