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August 18, 2008

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Chris Duncan - Jumbo CD Investments

7/26/2012 03:58 PM

The "low down payment" of FHA loans should still be a concern. I read on some sites it can be as low as 3%. Although, because they are insured there isn''t a risk to the credit union, there is still a risk to tax payers to which the credit unions serve. When someone buys a house that they haven''t invested much of their own funds into, it makes it easier to just walk-away when things get tough.

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