Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the Department of Housing and Urban Development. It’s unsurprising that FHA loans are especially popular with first-time home buyers, due to more lenient credit... Kate Wood is a writer at NerdWallet.
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Kate Wood, NerdWallet.com
Mon, 02/24/2020 - 12:45pm
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