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Real Estate Glossary

Federal Housing Administration

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Written by Luis Escobar

Also referred to as the FHA, this is a fully owned government corporation that was established to provide a home financing system through insurance of mortgages, improve housing standards and conditions, and stabilize the mortgage market. FHA loans need special appraisal and inspection in order to determine if a property has met the agency’s minimum property standards.

Also referred to as the FHA, this is a fully owned government corporation that was established to provide a home financing system through insurance of mortgages, improve housing standards and conditions, and stabilize the mortgage market. FHA loans need special appraisal and inspection in order to determine if a property has met the agency’s minimum property standards.

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Luis Escobar

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