To insure home loans
Federal Housing Administration was created in 1934.
It ensured loans for morgages on houses
FHA Federal Housing Administration
Federal Housing Administration guidelines require a minimum credit score of 620, two years since the last bankrupcy and three years since the last foreclosure. Individual lenders may have more strict requirements.
FHA, in this case, means Federal Housing Administration. An FHA loan is a loan backed by the Federal Housing Administration, and allows lower-income Americans the ability to purchase loans from banks that would otherwise decline them. It's the Federal Government's insurance plan to banks and lenders in an effort to get them to lend to those who they would generally be unable to.
To insure home loans
Federal Housing Administration was created in 1934.
no it does not
The Federal Housing Administration (FHA) and the Veterans Administration (VA) help home buyers obtain low-interest, low-down-payment loans.
$2.5 billion
It ensured loans for morgages on houses
To insure home loans
The Federal Housing Administration.
Smithsonian Institution
FHA Federal Housing Administration
federal funds for low-income housing
it was recovery to help rebuild and build new housing