FinancingGovernment LoansEASY
FHA loans are:
Correct Answer
B) Insured by FHA, made by private lenders
FHA insures loans made by approved private lenders, allowing lower down payments.
Answer Options
A
Made by the governmentB
Insured by FHA, made by private lendersC
No insurance neededD
Veterans onlyWhy This Is the Correct Answer
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Related Topics & Key Terms
Related Topics:
VA-comparisonMIP
Key Terms:
FHAinsuresprivate lender
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