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Only Half Of FHA Borrowers Eligible For DPA Receive It
National Mortgage Professional, Jan. 7, 2024-Lew Sichelman
Down payment assistance (DPA) is an important tool for helping to qualify borrowers who struggle to to raise enough money for a down payment when buying a home. That’s especially true in the government’s FHA-insured loan program, designed to assist home buyers who aren’t likely to pass muster for conventional financing.
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