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.
Federal Housing Administration
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.
