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What type of loan can a home buyer use to purchase the home?

April 26, 2017buyer Home loan purchase type

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What type of loan can a home buyer use to purchase the home?

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If a home buyer needs a mortgage loan, it must be a fixed interest rate loan with a term of 30 years or less. Loans may be obtained from any Approved Lender. Examples of qualifying loans include: ∗ Conventional loans ∗ FHA, VA, or Rural Housing loans ∗ Utah Housing Corporation loans Cash Buyers should contact Utah Housing directly for assistance in qualifying.