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3:22
YouTube
Simple Explain
What is the Federal Housing Administration (FHA)?
The Federal Housing Administration (FHA) is a U.S. agency that provides mortgage insurance to FHA-approved lenders, allowing for lower down payment minimums and lower credit scores than traditional lenders. It was established in 1934 to stimulate the housing market and became part of the U.S. Department of Housing and Urban Development (HUD) in ...
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