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Zapata County, TX FHA home loan. fha loans (federal housing Administration) are government-backed loans that allow the borrower to have a minimum amount of money to put down on a home. Some people believe that FHA is only for first time homebuyers, or for people who have had credit problems in the past.
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Fixed Rate Mortgage Loans: These home loans have the same interest rate for the duration of the loan agreement. If you obtain a fixed interest loan in Zapata, TX, your monthly payments will remain the same every month until the loan is completely paid off. This fact does not change even with long-term loans, including a 30 year fixed rate loan.
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