FHA Programs
What Is An FHA Loan?
The Department of Housing and Urban Development (HUD) was created in 1965. HUD over sees the Federal Housing Administration, recognized commonly as FHA.
The FHA's duty is to administer government loans and to set the FHA loan requirements for the government loan guarantee program.
Read more: What is an FHA LoanFHA 203b Mortgage Loan
The section 203b mortgage loan provides FHA insurance to help lenders protect against the risk of default on mortgages to qualified borrowers.
Insured mortgages may be used to finance the purchase of new, existing or construction of a 1-4 family owner occupied dwelling, as well as to refinance with or without cash-out (cash-out is limited to an LTV of 85 percent).
Read more: FHA 203b Mortgage LoanMore Articles...
- FHA 203k Mortgage Loan
- FHA Streamlined Refinance
- FHA 203h Mortgage Loan
- FHA Advantages
- FHA 245 Mortgage Loan
- FHA 255 Mortgage Loan
- FHA 251 Mortgage Loan
- FHA 234c Mortgage Loan
- FHA Guidelines for Condos
- What is the FHA Short Refinance Option?
- Current FHA Guidelines
- What is FHA Mortgage Insurance?
- FHA Loans