Sentences with phrase «government insured loans through»

Not exact matches

Borrowers who use government - insured FHA loans must also pay for mortgage insurance, but it's different from PMI — it is provided through the federal government.

FHA loans are mortgages insured by the government through the Federal Housing Administration.

Remember just a few short years ago when the government through Fannie - Mae and Freddie - Mac allowed lenders and actually encouraged them to give a mortgage to someone even if they did not have the FICO score, loan to value, income, or assets that should all be part of a sound mortgage underwriting program to insure the smallest mortgage default rate possible.

If you have a government - backed loan or a government - insured loan through departments like Fannie Mae, Freddie Mac, Veterans Affairs or the Federal Housing Administration, you may qualify for the Home Affordable Modification Program (HAMP).

Borrowers who use government - insured FHA loans must also pay for mortgage insurance, but it's different from PMI — it is provided through the federal government.

Definition: An FHA home loan is a mortgage that is insured by the federal government, through the Federal Housing Administration.

Home Flex refinancing: If you currently have a loan that is government - insured through Rural Development (USDA / RD), the Veterans Administration (VA), or the Federal Housing Administration (FHA) then you may qualify for Home Flex refinancing.

FHA loans, insured through the federal government, were created specifically to help people in your situation.

A USDA (United States Department of Agriculture) loan is insured by the government and provides homebuyers with opportunities not available through other loan types.

The government (through the FHA) insures these loans against losses that result from borrower default.

FHA loans are government - insured loans through the U.S. Department of Housing and Urban Development, also called HUD.

In addition, securities collateralized by mortgages — known as mortgage - backed securities — are backed by the federal government, through Fannie Mae, Freddie Mac, and, in the case of federally insured loans, Ginnie Mae.

The federal government supports Energy Efficient Mortgage loans by insuring them through FHA or VA programs.

Definition: An FHA home loan is a mortgage that is insured by the federal government, through the Federal Housing Administration.

FHA home loans are insured by the federal government, through the Federal Housing Administration.

«Through their underwriting and origination of tens of thousands of government - insured loans to unqualified borrowers, Countrywide Financial subsidiaries systematically abused the Federal Housing Administration and became some of the main players in this country's financial crisis,» said U.S. Attorney Loretta Lynch.

The difference is that FHA loans are insured by the federal government (through the Federal Housing Administration, which is part of HUD).

Consumers in the United States preparing to buy or refinance a home have access to the same agency - backed residential conventional and government loans (bought or insured by Fannie Mae, Freddie Mac, or Ginnie Mae) through different origination channels.

RESPA applies generally to «federally related mortgage loans,» which means loans (other than temporary financing such as construction loans) secured by a lien on residential real property designed principally for occupancy by one to four families and that are: (1) Made by a lender with Federal deposit insurance; (2) made, insured, guaranteed, supplemented, or assisted in any way by any officer or agency of the Federal government; (3) intended to be sold to Fannie Mae, Ginnie Mae, or (directly or through an intervening purchaser) Freddie Mac; or (4) made by a «creditor,» as defined under TILA, that makes or invests in real estate loans aggregating more than $ 1,000,000 per year, other than a State agency.

FHA mortgage loan types are insured by the government through mortgage insurance that is funded into the loan.