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FHA Delaware Home Loans

Delaware FHA program opens up opportunities that conventional mortgages do not offer:

  • Expanded Debt Ratios to 29%/41%
  • Non-traditional credit history is considered
  • Expanded credit criteria.
  • All of the down payment may be gifted
  • Seller may contribute up to 6% toward the closing costs.
  • Non-occupant cosigners are allowed.
  • 401-k loans are not counted in the debt ratios.
 
 
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