3. The Federal Housing Administration
The Federal Housing Administration or FHA program, the number three on our list of ways to buy a house with bad credit and no money down is the largest insurer of mortgages in the world ever since they were established back in 1934. They provide mortgage insurance and they are a great solution for those with a bad credit. You must meet certain requirements in order to get a loan though. You can find more information on the U.S. Department of Housing and Urban Development website.
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