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Financing for Rehabs & Renovations

As the mortgage and credit crisis continues, the Federal Housing Administration (FHA) is becoming a lifeline for homebuyers seeking affordable mortgages. In fact, according to the U.S. Department of Housing and Urban Development the number of FHA-backed home loans rose from 3.7% in 2006 to 21.1% in 2009. Why are FHA loans so attractive? Because

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