Federal Housing Administration History

Fha Condominium Loans fha approved condos. fha approved condominiums meet the mortgage insurance guidelines of the Federal Housing Administration and are eligible for FHA mortgage financing. They generally feature a high concentration of owner-occupied units, a strong condo association balance sheet, and are free of litigation.To further entice fha mortgage holders, the FHA also offers upfront mortgage insurance premium (upfront mip) refunds. This refund allows a portion of the premium paid when the original FHA loan closed to be applied to the upfront MIP of the new FHA streamline refinance loan. check today’s FHA streamline refinance rates here.

An FHA Loan is a mortgage that’s insured by the Federal Housing Administration. They allow borrowers to finance homes with down payments as low as 3.5% and are especially popular with first-time homebuyers. FHA loans are a good option for first-time homebuyers who may not have saved enough for a large down payment.

There were some in the Trump administration who thought a federal takeover would be a good idea. Lynne Patton, the regional administrator for the Federal Housing Department. I urge people to look.

2018-05-10  · Nestled among the historic, Federal-style homes of Madison is the Federal housing administration (fha) model home at 311 West Third Street. The Federal Housing Administration funded its construction in 1936 in an attempt to stimulate the building industry. Small, compact homes of.