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FHA Mortgage Loan

FHA Mortgage Loans Create Opportunities

FHA Mortgage Loan Applications Rise!

In 2009, Congress enacted emergency funds to be granted for FHA mortgage loan programs. FHA loan defaults rose the previous two years and injecting money into the FHA mortgage insurance fund was imperative to bolster support on many popular FHA mortgage loan products.

FHA Mortgage Loans Helped Spur First Time Home Buying

Congress also passed a bill to keep 2010 FHA mortgage limits at the same level they were the previous year. Many borrowers feared that HUD would reduce FHA loan limits this year because home values had fallen dramatically. By maintaining FHA mortgage loan limits, thousands of homeowners were eligible to refinance their adjustable interest rate loans.


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