What are FHA loans?

Answer An FHA loan is a mortgage loan that is insured by the federal government. In most cases, this makes it easier for a first-time buyer to afford a home.Definition of FHAThe Federal Housing Administra... Read More »

Top Q&A For: What are FHA loans

What is the difference between FHA loans& rural housing loans?

An FHA, or Federal Housing Administration, loan is a type of government-backed loan designed to help low income buyers secure financing. A USDA, or United States Department of Agriculture, loan is ... Read More »

What Loan company will take over my federal student loans when the loans are in default?

When your federal educational loans are in default, you have several options:You can repay the loan in full.You can negotiate a new payment plan with your lender.You can "rehabilitate" your loan.Yo... Read More »

What percent of loans are FHA loans?

In comparison to conventional and VA loans, government-insured FHA loans increased and exceeded their competitors for the home mortgage market. As of fall in 2008, 26 percent of all loans issued we... Read More »

How do student loans work, and what are my options for applying for graduate student loans?

To get a student loan, your first step is to fill out the Free Application for Federal Student Aid (FAFSA). You should submit your FAFSA as soon as possible – you can make estimates and correct t... Read More »