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To purchase a $300,000 home with a 3.5 percent down payment, the annual income to qualify for a FHA loan would be about $65,000-plus,
While some may be rightly put off, if you don’t understand the true cost, how can you decide?” Martin explained he would be.
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An FHA loan isn’t restricted to low-income borrowers or first-time homebuyers. The top 10 cities were Cleveland and Columbus,