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Monthly Archives: June 2013

What exactly is an FHA loan?

Posted on June 27, 2013 by editor in blog

FHA, or the Federal Housing Administration, was established in 1934 by the Federal Government.  It was not created to lend money, but created to “insure” loans made by approved lenders, such as Mortgage Master.   If a customer obtains an FHA loan and later defaults on it, the lender is compensated by FHA and will not […]

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