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Can this be true? No money out of pocket? Yes, no money from the buyer on an FHA loan can actually happen. Talking to a FHA Expert can certainly make this possible.
So, how is this possible? You need the help of a non-profit organization. Such organizations would be Nehemiah or AmeriDream. These programs allow the assistance from the seller, but in a form of a gift.
To learn more, please read : Creative FHA financing -- No money out of pocket from the buyer!!! .
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