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Federal Housing Administration (FHA) Find A Lender
The Federal Housing Administration (FHA) is a United States government agency that was created by Congress as part of the National Housing Act of 1934, and in 1965, the FHA became part of the Department of Housing and Urban Development's Office of Housing. The FHA does not issue loans itself, rather it insures private loans issued for new and existing housing, and for approved programs for home repairs. It is the largest insurer of mortgages in the world, insuring over 34 million properties since its inception in 1934.
The goals of the FHA are to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans, and to stabilize the mortgage market. These goals are achieved by helping borrowers get the amounts they qualify for and by assisting lenders by reducing the risk of issuing loans.
Contact an FHA-insured lender today to get situation-specific information and advice on how you might be able to take advantage of an FHA-insured loan.
For More Information on FHA Programs, click here!