{"id":39480,"date":"2023-02-23T00:33:53","date_gmt":"2023-02-23T08:33:53","guid":{"rendered":"https:\/\/financer.com\/?post_type=wiki&p=39480"},"modified":"2024-01-19T08:08:54","modified_gmt":"2024-01-19T16:08:54","slug":"fha-loans","status":"publish","type":"wiki","link":"https:\/\/financer.com\/loans\/articles\/fha-loans\/","title":{"rendered":"What Is an FHA Loan?"},"content":{"rendered":"\n

If you are looking to buy a home but you don’t have a big down payment, and FHA loan may be the answer. FHA loans are insured by government and therefore they come with a few benefits.<\/p>\n\n\n

<\/div>Since 1943 the FHA has insure more than 40 million homes.<\/div>\n\n\n

Let’s dive deeper into FHA loans and explain how they work.<\/p>\n\n\n\n

What Is an FHA Home Loan?<\/h2>\n\n\n\n

An FHA mortgage is a mortgage that is insured by the Federal Housing Administration<\/a> (FHA). his premium is required on all FHA loans and is typically 1.75% of the l<\/em><\/p>\n\n\n\n

FHA loans are designed to help first-time homebuyers and those with lower credit scores or limited down payment funds to purchase a home.<\/strong><\/p>\n\n\n\n