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No private lender today would let ordinary people put down so little of their own money on a mortgage. The tiny FHA down payment helps builders unload the houses to struggling buyers. Builder and.
According to the FHA loan rulebook, HUD 4155.1, in a section titled "Federal Income Tax Returns", the rules tell the lender to get the applicant’s. Can Borrowers Still Deduct Their FHA Mortgage. – As of January 1, 2012, borrowers can no longer deduct their FHA mortgage insurance on their federal income tax returns.
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