FinancingIntermediate

What Is FHA Loan?

Also written as: FHA

An FHA loan is a mortgage insured by the Federal Housing Administration, allowing lower down payments and credit scores than most conventional loans in exchange for mandatory mortgage insurance.

Most useful for: First-Time Homebuyer · Repeat Buyer · Homeowner
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FHA Loan
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.

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