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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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Related Questions

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.


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.


Do you have to be married to get an FHA loan?

No.


Can a non-borrower be included on the title of an FHA loan?

No, a non-borrower cannot be included on the title of an FHA loan.


What are the requirements for an fha refinance?

An FHA loan is a loan for first time home buyers. HUD has a website where you can talk to FHA housing counselors who will be qualified to answer all your questions regarding an FHA loan (http://portal.hud.gov/hudportal/HUD?src=/i_want_to/talk_to_a_housing_counselor.