low down payment: Facts About FHA Loans
- 02/21/20 07:17 AM
An FHA (Federal Housing Administration) loan is a mortgage provided by an FHA-approved lender which is later insured by the FHA. The agency has been popular among first-time buyers because it was one of the first sources of low-down-payment loans. Currently, there are several of low-down-payment loans, despite this, FHA remains to be a popular source for homeownership. A good thing about FHA loans is that they are not restricted to people with lower yearly incomes nor to first-time buyers. However, its mission is to focus first on providing affordable mortgage credit to households that are ruled out by private lenders. FHA services might not be for everyone, but is still … (1 comments)
An FHA (Federal Housing Administration) loan is a mortgage provided by an FHA-approved lender which is later insured by the FHA. The agency has been popular among first-time buyers because it was one of the first sources of low-down-payment loans.
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