Tag: FHA loans
HUD giveth and Trump taketh away: FHA’s Mortgage Insurance Premium reduction suspended
The ink wasn’t even dry yet on his official inauguration, and President Donald Trump already found a way to impact the real estate industry – although not as we would have predicted. In one of the very first moves by his new administration, POTUS Trump signed an administrative order to suspend the FHA’s planned […]
10 Things you should know about Federal Housing Administration (FHA) loans
All about the the FHA Started in 1934, the Federal Housing Administration (FHA) is a government agency that aims to help more Americans access home ownership. They do this by insuring mortgage loans made by other lenders, easing their risk and therefore allowing for a wider range of people to qualify. The FHA officially became […]