The FHA or the Federal Housing Government is a government insurance company and operates under the United States Department of Housing and Urban Development (HUD) that finances mortgages and refinance loans of lenders. As part of the National Housing Act of 1934, its goals are:
1. Improve housing standards and conditions,
2. Provide an adequate home financing system through insurance of mortgage loans, and
3. Stabilize the mortgage market.
FHA does not offer or make loans, but
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