First-Time Homebuyers

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January 1, 1 6 min read Definitions

FHA Federal Housing Administration Mortgage Insurance Homeownership First-Time Homebuyers Lenders

The Federal Housing Administration (FHA) is a United States government agency that provides mortgage insurance on loans made by FHA-approved lenders. It aims to make homeownership more accessible, especially for first-time homebuyers, by reducing the risk for lenders and arranging easier borrowing terms for borrowers.