By Andrews McMeel Syndication
With housing prices marching ever upward, government-backed mortgages are among the most popular forms of financing these days. But misguided buyers and sellers too often turn their noses up at these loans. They mistakenly believe that only borrowers with poor credit need FHA or VA loans, and that the financing often falls through. Some think the loans are too paperwork-intensive or that they take longer to close.
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