Sentences with phrase «moderate income families become»

FHA Mortgage Insurance Program: Programs that help low and moderate income families become homeowners by lowering some of the costs of their mortgage loans.

Not exact matches

Kimbro said she and her fellow authors are uncertain whether this shift is because higher - income families moved into high - poverty neighborhoods due to home foreclosure or other factors, or families within moderate - poverty neighborhoods losing income and becoming poorer (thus increasing the number of poor residents).

This allows low and moderate income families to become homeowners with low down payment programs.

While the FHA (Federal Housing Administration) loan program has been in place since the 1930s and was specifically designed to help low - and moderate - income families become homeowners, FHA - insured loans have become increasingly popular since 2006 - 2007 when credit standards for conventional loans were tightened.

FHA - insured loans have been available since the 1930s when they were introduced as a method to help low - and moderate - income families become homeowners.

Federal Housing Administration (FHA) administers mortgage insurance programs that enable moderate and low income families become homeowners by lowering some of the initial costs of their mortgage loans.

The FHA has been insuring mortgage loans for low and moderate income families since the depths of the Great Depression, but these loans became unpopular with the advent of the subprime market.

For those trying to buy a home, more stringent lending standards and higher down payment requirements are making it difficult for moderate - income families to become homeowners.

Housing opportunities are becoming increasingly limited for low - and moderate - income families.