FHA Loan

This program provides mortgage insurance to protect lenders against the risk of default on loans to qualified buyers. A loa insured by the FHA is open to all qualified home purchasers. The FHA does not make loans to borrowers, it does not process loans, and it does not build or insure houses. While there are limits to the size of FHA loans, they are generous enough to handle moderately-priced homes almost anywhere in the country.