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Jan 5 (Reuters) – Swift Energy Co received U.S. bankruptcy court approval on Tuesday to borrow up to $15 million. as oil prices plunged to less than $37 a barrel from more than $100 a barrel in.
· The USDA home loan program offers 100% financing, low mortgage rates, and a minuscule annual MIP payment.. which allows a home buyer to finance a home for 100 percent of its purchase price.
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100% financing home loans are essentially no money down home loans – they’re mortgages that finance the entire purchase price and eliminate the need for a down payment. Large down payments can be tough to save for with current housing prices, especially for first-time homebuyers, which has made 100% financing home loans increasingly popular.
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