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What are the different types of FHA loans? fixed rate. adjustable rate. Reverse (Home Equity Conversion Mortgage). Section 245 (a) – Graduated Payment Mortgage or Growing Equity Mortgage. energy-efficient mortgage program. Other types of FHA loans.
Types of FHA Loans In addition to traditional first mortgages, the FHA offers several other loans programs, including: Home Equity Conversion Mortgage (HECM) program – a reverse mortgage program.
Government-insured home loans include the following: FHA Loans The Federal Housing Administration (FHA) mortgage insurance program is managed by the Department of Housing and Urban Development (HUD), which is a department of the federal government. FHA loans are available to all types of borrowers, not just first-time buyers.
Types Of Fha Loans – If you are looking for hassle-free, trustworthy and reasonable mortgage refinance then you need reliable financial partner, study our review to find it.
Types of FHA loans In addition to its popular fha loan, the FHA also insures other loan programs offered by private lenders. Here’s a look at each of them. FHA 203(k) loans – These FHA loans help.