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HELP Financial Glossary

What is it? Homebuyer Education Learning Program, an educational program from the FHA that counsels people about the homebuying process. HELP covers topics like budgeting, finding a home, getting a loan, and home maintenance. In most cases, completion of the program may entitle the homebuyer to a reduced initial FHA mortgage insurance premium-from 2.25% to 1.75% of the home purchase price.

Finance Term Definition Added By: Parker

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