The Federal Housing Administration's Insurance Program for Home Loans PDF Download
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Author: Jaime M. Lagos Publisher: Nova Science Publishers ISBN: 9781626188617 Category : Business & Economics Languages : en Pages : 0
Book Description
The Federal Housing Administration (FHA) was created by the National Housing Act of 1934 in order to broaden home-ownership, protect lending institutions, and stimulate the building industry. The FHA does not make mortgage loans. Rather, it insures mortgage loans made by private lenders that meet certain underwriting and other criteria, thereby expanding the availability of mortgage credit beyond what may be available otherwise. If the borrower defaults on the mortgage, the FHA will repay the lender the remaining amount owed. While the FHA insures a range of mortgage types, including multifamily properties and hospital facilities, this book focuses on the FHA's single-family insurance program.
Author: Jaime M. Lagos Publisher: Nova Science Publishers ISBN: 9781626188617 Category : Business & Economics Languages : en Pages : 0
Book Description
The Federal Housing Administration (FHA) was created by the National Housing Act of 1934 in order to broaden home-ownership, protect lending institutions, and stimulate the building industry. The FHA does not make mortgage loans. Rather, it insures mortgage loans made by private lenders that meet certain underwriting and other criteria, thereby expanding the availability of mortgage credit beyond what may be available otherwise. If the borrower defaults on the mortgage, the FHA will repay the lender the remaining amount owed. While the FHA insures a range of mortgage types, including multifamily properties and hospital facilities, this book focuses on the FHA's single-family insurance program.
Author: Jaime M. Lagos
Author: Jaime M. Lagos
Author: United States. Department of Housing and Urban Development
Author: United States. Federal Housing Administration
Author: United States. Federal Housing Administration
Author: United States. Federal Housing Administration
Author: United States
Author: 
Author: 
Author: United States
Author: