Kellee Spillman-Malone, Broker, 951-757-7713 | 28544 Old Town Front St. #205, Temecula CA 92590

HomeFeedback Seller Login

Avoiding Foreclosure

Federal Housing Administration “FHA”

The Federal Housing Administration, generally known as “FHA”, is the largest government insurer of mortgages in the world.  A part of the United States Department of Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily, manufactured homes and hospital loans made by FHA-approved lenders throughout the United States and its territories.  While borrowers must meet certain requirements established by FHA to qualify for the insurance, lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her loan.  FHA has insured over 37 million home mortgages and 47,205 multifamily project mortgages since 1934.  Currently, FHA has 5.2 million insured single-family mortgages and 13,000 insured multifamily projects in its portfolio.  Clearly, FHA provides a huge economic boost to the country in the form of home and community development, particularly in today’s challenging financial climate.

For information regarding the following, click here:

Whether you’re in foreclosure now or worried about it in the future, we have information that can help.

Get Help Now!

Keep Your Home

Refinance Options

If You Can’t Keep Your Home