What type of loan can I get to buy a foreclosed home?
I am looking to take advantage of the tax credit and buy a foreclosure. What are my options for diong this? Some people say that a FHA loan will allow you to use the rebate for closing cost and for the down payment. Then I hear that FHA will not fund foreclosures. What is my best option in doing this?
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Go to http://www.churchillmortgage.com because they will not make you pay any points or origination fees.