Sunday, February 14, 2010

FHA Financing Explained

FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.

The FHA was set up to help those with more difficult loans get insurance for the payments, so that lenders would be willing to fund the loans.

Take a look at this vid by a Los Angeles mortgage broker, for more information.