Paterson Mortgages & Loan Information Types of Government Loans and Programs
Federal Housing Administration (FHA) Loans: With FHA insurance,
you can purchase a home with a very low down payment (from 3% to 5%
of the FHA appraisal value or the purchase price, whichever is lower).
FHA mortgages have a maximum loan limit that varies depending on the
average cost of housing in a given region. For more information about
Federal Housing Administration (FHA) loans contact our Paterson New Jersey
mortgage brokers.
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