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Understanding The Real Costs Of Government-Insured Home Mortgages

There’s no shortage of options when it comes to financing your next personal home purchase. The list of available programs includes FHA, VA, USDA, and a myriad of other “low-down-payment” loan programs. This category of loans is known as “government insured,” meaning that the lender can file an insurance claim through the appropriate government agency, (FHA, VA, etc), if the borrower defaults on the mortgage.

via Understanding The Real Costs Of Government-Insured Home Mortgages.

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