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Results 1 to 8 of 8
  1. #1
    purplese03 is offline Fixer Upper
    Join Date
    Jun 2009
    Posts
    36

    Default What is it FHA Loan Program?

    an agency of the US Department of Housing and Urban Development (HUD). Its main activity is the insuring of residential mortgage loans made by private lenders. The FHA sets standards for construction and underwriting but does not lend money or plan or construct housing.

  2. #2
    snvtanmay is offline Banned
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    Jan 2010
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    54

    Default

    Hi
    According to me the Federal Housing Administration (FHA) offers numerous other loan programs to meet various needs and circumstances. Adjustable-rate mortgages, growing equity mortgages, manufactured housing loans, and even loans for veterans are available.
    Thanks !!!!

  3. #3
    tanmaysnv is offline Banned
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    Oct 2009
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    126

    Default

    FHA Loans offer a loan guarantee for mortgage companies. If you acquire a FHA Loan to purchase a home, the FHA is not actually lending money to you, the buyer;

    Thanks !!!!

  4. #4
    Waterfront Specialist is offline Condominium
    Join Date
    Nov 2008
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    181

    Default

    nice posting.....here i am going to say somethings about that.. Things to know before refinancing... Your FHA home loan is insured by a government agency... When you are taking into consideration refinancing, you should know that you have previously done the hard part by getting the loan the first time. The refinance is a much easier development
    Last edited by Waterfront Specialist; 02-22-2010 at 04:12 AM.

  5. #5
    florida real estate is offline Condominium
    Join Date
    Nov 2008
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    190

    Default

    FHA which was relegated to the sideline for the last nine years has now been tasked with taking on 50 percent of the mortgage sector. Long neglected by the Bush administration, much of its top staff departed, leaving behind a demoralized, fraud-ridden agency. If the FHA is expected swoop in as the savior of homeowners

  6. #6
    tanmaysnv is offline Banned
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    Oct 2009
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    126

    Default

    FHA is mostly for owner occupants. Usually you can only have 1 at a time. The exception is if you are moving to another location. Investor loans are extremely hard to find these days.

  7. #7
    Nitikasnv is offline Fixer Upper
    Join Date
    Feb 2010
    Posts
    37

    Default Meaning of FHA:

    Hi,

    FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.


    FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford.



    Thanks

  8. #8
    Nitikasnv is offline Fixer Upper
    Join Date
    Feb 2010
    Posts
    37

    Default What is FHA?

    Hi,

    FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford.


    Thanks

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