FHA Loans (3.50% Minimum Down Payment Required!)
An FHA (Federal Housing Administration) Loan is intended for low-medium income borrowers and first-time home buyers. However, you are not required to be a first-time home buyer. Below are the current 2009 Chicagoland FHA loan limits, along with a few highlights of the program:
| One Family |
$365,700.00 |
| Two Family |
$468,150.00 |
| Three Family |
$565,900.00 |
| Four Family |
$703,250.00 |
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Only 3.50% Down Payment required!
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Down Payment can be a gift!
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Flexible Underwriting Requirements!
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Federally Insured making purchasing a home easier for qualified borrowers!
Click here to get pre-qualified for an FHA Loan Today!
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