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While U.S. Housing and Urban Development (HUD) does not lend money directly to. federal housing Administration (FHA) insures mortgage loans made by.
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No Money Down options exist for non-military borrowers, too. The USDA (United States Department of Agriculture) offers a 100% mortgage. The program is formally known as a Section 502 mortgage, but, more commonly, it’s called a Rural Housing Loan.
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