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Less first-time house buyers very likely to be eligible for mortgages under tougher FHA criteria

Less first-time house buyers very likely to be eligible for mortgages under tougher FHA criteria In accordance with a study that is new Owners.com town of Virginia Beach in Virginia could be the quantity one house customer market https://www.speedyloan.net/payday-loans-fl/ in the nation. Some first-time and low- to middle-income house purchasers is going to be edged from the housing marketplace under tougher criteria recently used by the Federal Housing management, specialists say.