An FHA fixed-rate mortgage has low down payment requirements and is fully assumable with no prepayment penalties.

Name: An FHA fixed-rate mortgage has low down payment requirements and is fully assumable with no prepayment penalties.
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FHA fixed-rate mortgages are known for their low down payment requirements, and they are fully assumable, meaning a buyer can take over the loan under the same terms, without facing prepayment penalties.

An FHA Fixed-Rate Mortgage Has Low Down Payment Requirements and Is