An FHA loan is a type of mortgage designed to help borrowers who might have difficulty qualifying for a conventional mortgage. FHA loans are issued by private lenders but backed by the federal ...
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Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...
Because FHA-approved lenders are taking less risk when they fund an FHA loan, they can offer this type of mortgage to borrowers who have lower credit scores, or who don’t have much saved for a down ...