by marsmet461
Question by beeb: Is buying a home with 3.5% down and an FHA loan a bad idea?
I have a stable financial situation and would be able to make monthly payments, I just do not have much money saved up because I am young. I"m trying to take advantage of the $ 8000 tax credit.
Best answer:
Answer by golferwhoworksyes it is a good idea and you can even have family gift you some if not all the down payment
I am a mortgage banker in TN
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