answersLogoWhite

0

FHA is the responsibility of

Updated: 8/21/2019
User Avatar

KirkKirlewgp8771

Lvl 1
9y ago

Best Answer

The FHA, or Federal Housing Authority is the responsibility of the Federal Government.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: FHA is the responsibility of
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does NATO have primary responsibility for FHA?

Yes, NATO has a primary responsibility for Foreign Humanitarian Assistance (FHA).


Who has primary responsibility for Foreign Humanitary Assistance (FHA)?

NATO has a primary responsibility for Foreign Humanitarian Assistance FHA.


Who has primary responsibility for foreign humanitarian assistance(FHA)?

The host nation has primary responsibility for foreign humanitarian assistance FHA.


Who has primary responsibility for foreign humanitarian assistance FHA?

The host nation has primary responsibility for foreign humanitarian assistance FHA.


Who has primary responsability for Foreign humanitary assistance?

NATO has a primary responsibility for Foreign Humanitarian Assistance FHA.


Who has primary responsibilty for F H A?

The Federal Housing Administration (FHA) is a government agency under the U.S. Department of Housing and Urban Development (HUD). Therefore, HUD has primary responsibility for overseeing and administering FHA programs and policies.


Can you get an FHA loan for an investment property?

FHA loans are intended for owner-occupied properties, not investment properties. However, there are exceptions to this. If you live in a duplex, you can get an FHA loan for the whole property while living in one and renting out the second unit. The FHA gives loans for owner-occupied properties with up to four units. This means you can buy a four unit complex with an FHA loan and rent out the other three units, provided you live in at least one. The other occasion FHA loans cover rental property is when you've moved out of the home. If you bought the property under an FHA loan and have to move, you can retain the FHA mortgage on the property while renting it out. The home you've previously lived in can also be refinanced under the FHA streamline refinance program. You can even get a second FHA mortgage for a new home if you have at least 25% equity in the old house, and you moved out as your family grew. The FHA's only limitation on this practice is that you've lived in the property for at least twelve months. If you buy it, move in and then move out, the FHA can sue you for violation of the Real Estate Settlement Procedures Act. The FHA doesn't set rental rates when you rent out the property, but it is your responsibility - not the renter's responsibility - to pay the FHA mortgage payments on time and in full. One small caveat to the FHA rental rules is when you first buy the home. The prior occupants may still live in it when you close. When you take out an FHA mortgage, you must move in within 60 days of closing. You can let the prior occupants rent for the 60 days until you move in. This is technical renting out the property.


What is an FHA calculator and where can I find a good one to use?

You can find an FHA calculator at FHA.com. FHA.com offers a free FHA calculator that you can use to determine your FHA payments. FHA payments are important, and FHA.com will help you in the long run.


Where can you go to obtain a loan threw the FHA?

When you get an FHA loan it is not funded directly through FHA. FHA is essentially an insurer for loan. So the Mortgage Insurance paid on an FHA loan is an insurance policy for the company giving you the actual loan. Most any bank or lender can give you an FHA loan.


Are FHA mortgages uninsured?

what makes fha uninsured loans?


Can you get a FHA loan on a second home?

Yes you can obtain a FHA Loan on a second home as long as you meet the FHA requirements.


How can I FHA refinance my home mortgage loan?

The federal government administers FHA loans. Any information that you desire to learn about refinancing a government FHA loan can be found on the FHA web site.