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Brian Paris

First time buyers

Tuesday, December 18, 2012 - Article by: Brian Paris - Capital Pacific Home Loans - Message

Did you know under FHA guidelines, you are considered a first time buyer if you have not had a mortgage on a primary residence for 3 years or more. So whether you had a foreclosure, BK, or short sale you are considered a first time buyer after 3 years! Even if you lost your primary residence and kept a rental but didn't use it as a primary you are good to go.

Feel free to contact me with any questions.

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