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A Familiar Home Loan Becomes Popular Again

March 28th, 2008 by admin

A growing number of homebuyers are showing renewed interest in a type of mortgage that, some say, has been overlooked in recent years.

For many homebuyers and real estate agents, the Federal Housing Administration (FHA) loan has started to reclaim its status as an affordable loan. Plus, it now comes with less red tape and more buyer-friendly features than in the past.

It’s important to note that FHA does not make loans. Rather, it insures loans made by private lenders, such as Bank of America. Read more
Courtesy: www.napsnet.com

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