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Highland, WI FHA Loans in Wisconsin

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer Highland, WI residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

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Highland, Wisconsin News
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"This could not be accomplished if it weren't for Dan."

Jim Schroeder has missed only two Saturdays at the Dane County Farmers' Market in 36 years, and that was when he was hit by a drunken driver while Schroeder was en route to the market one morning. via The Capital Times


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