Posts

LeoGlossary: FHA Loans

avatar of @leoglossary
25
@leoglossary
·
·
0 views
·
1 min read

Mortgages issues by the Federal Housing Authority. The agency insures private home loans. They make them more affordable while also requiring a lower down payment.

This is usually done for people with poor credit and low incomes.

Posted Using LeoFinance Beta