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  • Actual for You - What is an FHA Loan?

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    Department of Housing and Urban Development (HUD).

    The FHA does not mak

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    The Federal Housing Authority was founded in 1934 to help people buy homes in a country that was neck deep in an economic depression. It has been around ever since, its role evolving as it has attempted to make home owning accessible for the average wage earning American. In 1965, FHA became a branch of the Department of Housing and Urban Development (HUD).

    The FHA does not make

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    a country that was neck deep in an economic depression. It has been around ever since, its role evolving as it has attempted to make home owning accessible for the average wage earning American. In 1965, FHA became a branch of the Department of Housing and Urban Development (HUD).

    The FHA does not mak

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    ver since, its role evolving as it has attempted to make home owning accessible for the average wage earning American. In 1965, FHA became a branch of the Department of Housing and Urban Development (HUD).

    The FHA does not mak

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    e for the average wage earning American. In 1965, FHA became a branch of the Department of Housing and Urban Development (HUD).

    The FHA does not mak

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    Department of Housing and Urban Development (HUD).

    The FHA does not make loans or even guarantee them. It insures them, which minimizes the risk for the private lender issuing the loan, particularly when the borrower is unable to put down the traditional twenty percent down payment. FHA insured loans have always had a cap; there is a maximum dollar amount on an FHA loan; current

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