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Types of Home Loans

By Arizona Realtor
March 8, 2024

Federal Housing Administration (FHA)The most common type of financing utilized in home purchases due to its less-stringent Buyer qualification requirements. Downpayment: 3.5+% of purchase price. Veteran’s Affairs (VA) Financing specifically for active duty, past US Military personnel, or survivors. Proof of veteran status is usually provided via their DD214. Downpayment:

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