FHA mortgage insurance coverage will bring loan providers having protection facing loss as the results of homeowners defaulting on their mortgage loans FHA Overview The Federal Housing Administration (FHA) insures mortgages on single family and multifamily homes, including manufactured homes and hospitals. The lenders bear less risk because FHA will pay a claim to the lender in the event of a homeowner’s default. Loans must meet certain requirements established by FHA to qualify for insurance. […]
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