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If you can answer YES to these statements you should have no problem qualifying for an FHA home mortgage loan.
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Home Equity Having a good estimate of your equity in your home helps make this loan work.
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There may be some lenders, however, that currently do not have the capacity in place to comply with this requirement.
Set up a rehabilitation plan: If you cannot pay the full amount, work with the collection agency to create a repayment plan
However, if distance learning is right for you, you will qualify for subsidized loans if you attend any accredited school (this includes some for-profit online schools).
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It also offers travel accident coverage, flexible spending accounts for healthcare expenses and dependent care, and alternative work arrangements.
The Bureau solicits comment on whether there are any alternative approaches that might be more appropriate given the concerns set forth above.
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