There are currently 8 names in this directory beginning with the letter F.
Farmer's Home Administration (FmHA)
Provides financing to farmers and other qualified borrowers who are unable to obtain loans elsewhere.
Federal Housing Administration (FHA)
Federal Housing Administration, a division of the Department of Housing and Urban Development. FHA sets the standards for underwriting mortgages.
Federal Housing Administration (FHA) Loan
Loans which are extended by FHA approved lenders which are typically designed to assist borrowers whom are unable to get approvals for conventional home loans elsewhere.
A mortgage with a set interest rate for the term of borrowing. This rate will not adjust at any point during the life of the loan.
What happens before your interest rate is 'locked.' When your interest rate is in 'float,' you actively watch interest rate fluctuations and wait for a time to lock.
In areas where properties are located in a flood zone, the borrower may be required to purchase standalone flood insurance before a loan is approved.