29 Apr 1935
Page 1
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Newspaper
Iowa Iowa Le Mars Globe Post
Location
Le Mars, Iowa, United States of America
Date
Apr 29, 1935
Page
1
The article explains the National Housing Act insured mortgage system. It covers eligibility, loan limits to 89 percent of appraised value up to 16,000, location and construction standards, repayment in equal monthly installments, and required fire hazard and mutual mortgage insurance. It notes applicants must use FHA approved lenders and can refinance existing mortgages under the plan.
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