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Zillow rolls out down payment aid for FHA mortgages

Digilifetrends Published 1 min read
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FHA mortgages, which are backed by the Federal Housing Administration, have helped many buyers afford a home. These loans often offer competitive mortgage rates, and eligible borrowers can put down as little as 3.5%.

But with home prices remaining elevated, even a 3.5% down payment can be hard to save. To ease that burden, Zillow Home Loans, the company’s lending arm, is stepping in with assistance.

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