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Where can you find a lender who does FHA loans for borrowers with low equity?
Gilley57
Your low equity is going to be a problem since new laws limit loans above a certain percentage. Most banks and other mortgage companies offer FHA loans, but again you may have a problem with the equity. Certainly you should avoid paying high broker fees (banks and savings and loans have lower fees), and try to pay any fees upfront instead of making them part of your loan. If you can manage to plan to bring money to the closing to reduce your loan amount, that will also help you.
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