A government-backed mortgage issued by the Federal Housing Administration (FHA). These loans tend to have lower interest rates and less-stringent qualification requirements than other industry loans. FHA borrowers pay for mortgage insurance to protect the lender from loss in the event of a default.
The Peak of Private Lending: Exploring Growth, Sacrifice, and Success from Constructive Capital President, Ben Fertig
There are a lot of question marks surrounding the lending industry and current market, so...
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