federal housing administration (Meaning)
Wordnet
federal housing administration (n)
the federal agency in the Department of Housing and Urban Development that insures residential mortgages
Synonyms & Antonyms of federal housing administration
No Synonyms and anytonyms found
federal housing administration Sentence Examples
- The Federal Housing Administration (FHA) is a federal agency that insures home loans.
- The FHA was created in 1934 as part of the New Deal to help stimulate the housing market.
- The FHA's main goal is to make homeownership more affordable and accessible for low- and moderate-income families.
- The FHA does this by insuring loans that are made to homebuyers who don't meet the traditional lending criteria.
- The FHA's insurance program allows lenders to make loans to homebuyers with lower down payments and credit scores.
- The FHA's insurance also protects lenders against losses if the borrower defaults on the loan.
- The FHA's programs have helped millions of Americans achieve homeownership.
- The FHA is the largest mortgage insurer in the United States.
- The FHA's programs are available to both first-time homebuyers and repeat homebuyers.
- The FHA's website provides more information about its programs and how to apply for a loan.
FAQs About the word federal housing administration
the federal agency in the Department of Housing and Urban Development that insures residential mortgages
No synonyms found.
No antonyms found.
The Federal Housing Administration (FHA) is a federal agency that insures home loans.
The FHA was created in 1934 as part of the New Deal to help stimulate the housing market.
The FHA's main goal is to make homeownership more affordable and accessible for low- and moderate-income families.
The FHA does this by insuring loans that are made to homebuyers who don't meet the traditional lending criteria.
