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Makeda Group, Inc. |
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Call us to buy, sell, rent or remodel. |
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FHA and VA Loans |
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An FHA loan is a loan insured by the Federal Housing Administration. A VA loan is a loan insured by the Veterans Administration. Both allow you the opportunity to buy a home with a low down payment. |
What are FHA and VA Loans? |
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· Good credit or bad credit? With a HUD loan you may still qualify. · There are no income requirements however your debt-to-income ratios are evaluated to ensure you are able to afford the home you are trying to purchase. Just be sure that your mortgage payment doesn’t exceed 29% of your gross income. · Lower down payments required — as low as 3% down! · Down payment assistance is accepted. · Get help with your closing costs! With the fixed rate 203(b) program. 100% of the closing costs can be gifted from family, a non-profit organization or even a government entity. |
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With HUD loans, you can buy or even refinance a home without worrying about income limits or credit scores. Although these are important factors in any home purchase, these factors are not the deciding ones. With this type of loan you can buy or even refinance your loan using a low down payment. HUD loans help many people to qualify because the monthly payments are now affordable using someone with reasonable, yet not perfect credit. |
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Relax and let us take care of all your loan details. |
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To contact us:
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Phone: 816-444-3363 Fax: 816-444-3363
E-mail: info@makedagroupinc.com
General Questions:
Service Requests and Appointments:
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