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FHA loans are designed for low to moderate income borrowers who are unable to. FHA LOANREQUIREMENTS. FHA mortgage lending limits in FLORIDA vary based on a variety of housing types and. Single, Duplex, Tri-plex, Four- plex.

Here are three reasons: You don’t have to make payments on these loans until you die or move, they are restricted to homeowners who are 62 or older, and reverse mortgages use two interest rates for.

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