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Sep 28, 2017 - 34 minute read

Best secured personal loans rates

FHA is fairly flexible with gifts for down payments and closing costs. They are, however, very best secured personal loans rates about the source of the gift funds. Under no circumstance may the gift funds come from any one person involved in the sale or purchase of your future home.

Acceptable sources for gifts: Relatives Employer Close family friend Agency sponsored homeowner assistance programs. FHA is very specific about the source of the gift funds so be sure and discuss the details with your mortgage professional. Employment. Lenders like to see stability in a borrower and FHA is no different. FHA requires a two-year work history, preferably with the same company or at the very least the same industry. Citizenship Status.

Best secured personal loans rates

My installment loan helped me repair my water heater. Mary - Cleveland, OH. I used my installment loan to fix my car. Grace - Dallas, TX. I got my rent in on time thanks to my installment loan. Jose - Chicago, IL. My loan helped me during a medical emergency. Julie - Madison, WI. Why Choose OppLoans.

Best secured personal loans rates

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