FHA Mortgage Loan
FHA Mortgage Loan
Definition: A mortgage loan insured by the FHA. Since the 1930s, FHA has insured first mortgages enabling lenders to loan a very high percentage of the purchase price. See "Federal Housing Administration."
Definition: A mortgage loan insured by the FHA. Since the 1930s, FHA has insured first mortgages enabling lenders to loan a very high percentage of the purchase price. See "Federal Housing Administration."