Adjustable Rate Mortgage Insurance (HUD/FHA)
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Am I eligible?
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Eligibility criteria
In order to qualify for this benefit program, you must be a current or prospective homeowner.
Description
This program can help individuals buy a single family home in which they intend to live. While HUD does not lend money directly to buyers to purchase a home, FHA-approved lenders make loans through a number of FHA-insurance programs.
Managing organization
U.S. Department of Housing and Urban Development http://www.hud.gov/
Program contact information & web resources
To read more about this program, go to:
http://www.hud.gov/offices/hsg/sfh/ins/251--df.cfm
To obtain a FHA-insured mortgage, look in your local Yellow Pages under "Mortgages" or contact a FHA-approved lender:
http://www.hud.gov/ll/code/llplcrit.html
To read more about the home buying process, please visit:
http://www.hud.gov/buying/index.cfm
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