First a little history: FHA stands for Federal Housing Administration, an entity created by the The Housing Act of 1934 which was desinged to increase homeownership by operating different loan insurance programs. So when someone says you have an FHA loan, it doesn’t mean the Federal Housing Administration gave you the money, it means that
Share it
First a little history: FHA stands for Federal Housing Administration, an entity created by the The Housing Act of 1934 which was desinged to increase homeownership by operating different loan insurance programs. So when someone says you have an FHA loan, it doesn’t mean the Federal Housing Administration gave you the money, it means that
embed
