How long do i have to pay a fha grant back ?
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i looking to buy a house, and the realtor wants me to get a fha loan, 3 and a half percent down ( after escrow closes, i pay a half percent, and the government grant pays the other 3 percent ) do i have to pay this grant back, and if so, how long do i have to do it ? im a first time home buyer.
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Answer:
grants don't have to be repaid... why they are called grants. LOANS have to be repaid... why they are called LOANS.
paul s at Yahoo! Answers Visit the source
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