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El Paso, IL FHA Home Loan – brmortgagebrokers.com – Learn About FHA Loans in El Paso, IL The federal housing administration (fha) – which is part of HUD – insures the loan, so your lender can offer you a better deal. FHA allows a buyer to purchase a home with as little as 3.5% down with 580 plus fico scores, under a 580 fico score could require more money down, Normally 10%.
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