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FHA single-family mortgages in TEXAS can have down payments as little as 3.5%. In some cases, FHA insurance allows homebuyers to finance approximately Mortgage Lender Dallas 96.5% of the value of their home purchased with their FHA mortgage.
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Traditional Mortgage Loan Products: Conventional. A conventional mortgage refers to any housing loan that’s not insured or guaranteed by the Federal government. conventional loans offer competitive interest rates, and documentation and good credit are required to qualify.
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