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"no is not easy. The Federal Housing Administration (FHA) runs several programs to promote home ownership. In most cases, FHA loans are mortgages obtained with the help of the FHA. With a small down payment, buyers can purchase a home. FHA loans make it easier for people to qualify for a mortgage, but they�۪re not for everybody."

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13y ago

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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.


What does the acronym fha gov stand for?

FHA Gov stands for Federal Housing Administration. It provides mortgage insurance on loans made by FHA-approved lenders for single family and multifamily homes.


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.


What are the benefits of an FHA home loan?

One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.


How do I obtain an FHA loan?

Almost anybody can get an FHA loan. There are no income limits the FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration.


Can you get an FHA loan with an LLC?

No, you cannot get an FHA loan with an LLC. FHA loans are only available to individuals, not to businesses like LLCs.


What should I look for when applying for FHA loan?

Answering "What should I look for when applying for FHA loan?"


Is a FHA loan is a type of financial aid?

False, An FHA loan is NOT a type of financial aid.


Is FHA mortgage owner occupied?

If you're trying to obtain an FHA loan then the answer is 'yes'. If you own an investment property that has an FHA loan, then you can streamline it.


Is a gse loan a fha loan?

yes


What is the difference between a fha loan and a conventional loan?

An FHA loan has more guidelines and rules than a conventional loan does. An FHA loans are only available on certain houses and you can get a conventional loan on any house if your credit meets the 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.