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Its new lending program, Opendoor Home Loans, launched in Texas and Arizona last week. Launched in 2014 and headquartered in San Francisco, Opendoor operates in 20 cities across the country. It.
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The qualifying criteria for a government-backed loan and a conventional loan aren’t much different, but conventional Texas home loans are likely to be harder to get and more stringent on qualifications. The standard down payment for a conventional loan is 20 percent of the cost of the home.
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Official page for Wells Fargo home mortgage loans. First-time homebuyer? Our home mortgage consultants can help you get started with a free consultation.