FHA loans are mortgages that are insured by the Federal Housing Administration (FHA), which is an agency of the federal government within the Department of Housing & Urban Development (HUD).
Because the mortgages are insured by FHA, protecting lenders against buyer default, lenders can offer FHA loans at attractive interest rates with more flexible and less stringent qualification requirements.
Here are some facts you should know about FHA loans:
Come and watch a FLIC this weekend! Century 21 Big Sky is a proud sponsor of the 2nd Annual Flathead Lake International Cinemafest Jan 24-26 right here in our beautiful lakefront town of Polson, MT. 16 countries will be represented in well over 70 films. There is absolutely no better way to spend your weekend!