The FHA, or Federal Housing Administration, provides mortgage insurance
on loans made by FHA-approved lenders. FHA insures these loans on single
family and multi-family homes in the United States and its territories.
It is the largest insurer of residential mortgages in the world,
insuring tens of millions of properties since 1934 when it was created.
Learn more about FHA loan requirements and guidelines.FHA insured loans require mortgage insurance to protect lenders against losses that result from defaults on home mortgages.FHA lending limits vary based on a variety of housing types and the state and county in which the property is located.Before
you start the loan process, you'll want to be prepared for the loan
application. Have your information organized and ready for your loan
officer. Be prepared to pay for property appraisal and a credit report.
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