Borrowing money is deceptive in that sometimes when we need it most, we ignore some blatant signs that we are getting a bum deal, or worse being scammed. Here are seven signs your personal loan deal might not be as good as you first thought: Spontaneous Contact. We've all received those...

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An FHA loan is a loan that is insured by the Federal Housing Administration, FHA. If borrowers default on the loan then FHA acts as an insurer and protects the lenders from suffering losses. FHA loans have a strict credit score criteria to follow through. FHA loans are typically availed...

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There are mainly two types of mortgages that you should consider. The first one is called 'Government-backed mortgages' and the second is called 'Conventional mortgages' backed by private lenders.   Government-backed mortgages are available in 3 forms:   FHA loans These are insured by the Federal Housing Administration with the specific purpose of lending to those...

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