What Does Federal Housing Administration Mean?

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What does Federal Housing Administration mean? Read on to discover the definition & meaning of the term Federal Housing Administration - to help you better understand the language used in insurance policies.

Federal Housing Administration

Federal Housing Administration

The Federal Housing Administration (FHA) is a federal agency that was established in 1934 to provide mortgage insurance to various qualified lenders. Issuing this insurance increases the lenders' confidence in giving mortgage loans to borrowers.

We hope the you have a better understanding of the meaning of Federal Housing Administration.

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