Can a advance payment be a part of an FHA Loan?

Can a advance payment be a part of an FHA Loan?

Purchasing a house may be an elaborate procedure, specially if you don’t have thousands of bucks put aside for the advance payment. For all customers, an FHA loan provides an attractive option, mostly since you will get away with a relatively low advance payment. But also it’s still thousands of dollars if you qualify for the minimum 3.5 percent down payment. Continue reading “Can a advance payment be a part of an FHA Loan?”