Watauga Texas FHA Loan

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How Your Defaulted Student Loans Affect Homebuying – For this reason, consumers who have defaulted on their federal student loans will be unable to secure an FHA mortgage loan. For many first time homebuyers, an FHA loan can be an easier loan to qualify.

Two types of loan programs within the Watauga TX FHA 203K Loans exist. The first is what is called a streamline 203K loan. With a Streamline 203K loan, there can’t be any structural improvements and the dollar amount is generally lower for a 203K streamline loan.

FOR SALE – 6308 Beetle Dr, Watauga, TX 76148 is currently listed for 175k. This property is listed as a 3 bed, 2 bath, 1,226 sqft home ($142/sqft.). View high-quality photos, property features, sales history, and estimated "All-in Monthly Pricing" on RealEstate.com.

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According to the bank, the discounted origination fee is applicable on loans backed by the Federal Housing Administration, Department of Veterans Affairs, as well as Freddie Mac Home Possible.

An FHA Loan is a mortgage that’s insured by the Federal Housing Administration. They allow borrowers to finance homes with down payments as low as 3.5% and are especially popular with first-time homebuyers. FHA loans are a good option for first-time homebuyers who may not have saved enough for a large down payment.

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FOR SALE – 7204 Mccoy Dr, Watauga, TX 76148 is currently listed for 195k. This property is listed as a 3 bed, 2 bath, 1,308 sqft home ($149/sqft.). View high-quality photos, property features, sales history, and estimated "All-in Monthly Pricing" on RealEstate.com.

FHA Exclusion List The Limited Denial of Participation (LDP) list and General Services Administration (GSA) list are a record of individuals that have been suspended, disbarred, or excluded from participation in HUD FHA Mortgage loan programs including FHA loans.