Maplewood FHA Mortgages One of the common ways of financing a purchase of Maplewood real estate is through FHA(the Federal Housing Administration). This federal program started back in the Great Depression to help with a situation like we have today when home foreclosures were rising and home buyers struggled to come up with a large down payment. FHA loans have many advantageous guidelines for both the MN first time home buyer as well as the move up buyer. Maplewood FHA Mortgages: For Home Buyers and Home Sellers While the years of the zero down payment loans have gone away for most of us, Maplewood FHA mortgages offer the smallest down payments available in Minnesota. With a smaller down payment along with the seller paying much of the buyer's closing costs today allows for a much more...
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