Federal Housing Administration. An agency of the Federal Government which insures certain real estate loans.
The FHA does not loan money. The FHA loan may be paid off at any time without a penalty. Discount points on a FHA loan may be paid by the buyer or the seller The down payment on a FHA loan is usually LESS than the down payment on a conventional loan. Back to the Top
A federal agency, created by the National Housing Act of 1934, for the purpose of expanding and strengthening home ownership by making private mortgage financing possible on a long-term, low down payment basis. The vehicle is a mortgage insurance program, with premiums paid by the homeowner, to protect lenders against loss on these higher-risk loans. Since 1965, FHA has been part of the newly created Department of Housing and Urban Development (HUD).
Farmers Home Administration. A division of the U.S. Department of Agriculture that guarantees hospital mortgages.
Government agency which insures residential mortgage loans made by private lenders and sets standards for underwriting private mortgages.
One of several government agencies that guarantees or insures mortgage loans made by private lenders, if the loan, customer and property meet the set standards.
The division of the Department of Housing and Urban Development who's main directive is the insuring of residential mortgage loans made by private lenders. FHA does not lend or provide funds for lending, they only insure the loan.
A federal agency established to improve housing standards and conditions. The FHA provides mortgage insurance to approved lending institutions.
A federal agency that insures first mortgages, both conventional and federally insured, from members of the Federal Reserve System, and the Federal Home Loan Bank System.
the federal agency in the Department of Housing and Urban Development that insures residential mortgages
Federal Health Architecture. A collaborative body composed of several federal departments and agencies, including the Department of Health and Human Services (HHS), the Department of Homeland Security (DHS), the Department of Veterans Affairs (VA), the Environmental Protection Agency (EPA), the United States Department of Agriculture (USDA), the Department of Defense (DoD), and the Department of Energy (DOE). FHA provides a framework for linking health business processes to technology solutions and standards, and for demonstrating how these solutions achieve improved health performance outcomes.
An agency within the Department of Housing and Urban Development (HUD) that provides federal mortgage insurance for single-family dwellings and multifamily projects.
Loans, with special terms, insured by HUD and FHA may be available to a borrower.
A division of the Department of Housing and Urban Development. Its main activity is the insuring of residential mortgage loans made by private lenders against loss in the event of foreclosure. It sets standards for construction and underwriting. The FHA does not lend money, nor plan, nor construct housing.
The FHA will insure the loan for the lender against loss in case the buyer cannot meet payments. It requires the buyer to carry mortgage insurance through the FHA. FHA loans are available with as little as 2.25 percent down payment.
A subsidiary of the Department of Housing and Urban Development that insures lenders against losses on loans covered by their programs (FHA loans).
A type of loan, government insured financing.
MORTGAGE mortgage that is insured by the FHA, and will be referred to as government loan.
Federal Housing Administration. A government agency that provides mortgages to qualified buyers for a small down payment.
Federal Housing Administration. Part of HUD, it insures mortgages made by private lenders.
Federal Housing Administration. Agency of the U.S. Department of Housing and Urban Development (HUD) that administers loan programs and issues loan guarantees.
Federal Housing Authority. A federal department of the Department of Housing and Urban Development (HUD) established to insure loans ("FHA loans") for low and moderate income borrowers.
Federal Housing Administration. The Federal Housing Administration is an agency within HUD (Housing and Urban Development) that administers several loan programs that are designed to make housing more affordable.
Federal Housing Administration. Government agency within the Department of Housing and Urban Development that provides mortgage insurance for residential mortgages and sets standards for construction and underwriting. The FHA does not lend money, nor does it plan or construct housing.
The Federal Housing Authority. Sets construction standards throughout the U.S.
An agency of the federal government which insures private loans for financing of new and existing housing and for home repairs under government approved programs. (Back to Terms list)
FEDERAL HOUSING ADMINISTRATION. A federal agency that insures mortgages, allowing lenders to ban a greater percentage of the sale price of the property. In some cases, this can be as much as 97% of the sales price.
Federal Housing Administration. An agency within the U.S. Department of Housing and Urban Development (HUD) that insures mortgages and loans made by private lenders.
Federal Housing Administration, an agency of the federal government which insures private loans for financing of new and existing housing and for home repairs under government approved programs.
a federal entity that acts as an insurer for loans made by private lenders, thus allowing loans to be made with terms more desirable to borrowers than other financing options.
Acronym for the Federal Housing Administration that provides mortgage insurance and sets construction and underwriting standards. FHA does not lend money.
FEDERAL HOUSING ADMINISTRATION. A federal agency within the Department of I-lousing and Urban Development (HUD) that provides mortgage insurance for residential mortgages and sets standards for construction and underwriting.
Federal Housing Administration. An agency within the Department of Housing and Urban Development (HUD) that provides insurance for single-family and multifamily residential mortgages.
The Federal Housing Administration. It insures loans made by an approved lender, as long as the loan is in accordance with FHA regulations.
Federal Housing Administration. A government agency that set guidelines for loans on residential housing.
Federal Housing Administration. A federal agency that insures mortgage loans that have lower down payment requirements than conventional loans.
The Federal Housing Administration is a department within the Department of Housing and Urban Development that provides an insurance program for single and multi-family mortgages.
or Federal Housing Administration ( www.fha.gov) is part of the U.S. Department of Housing & Urban Development (HUD). FHA insures loans made by private lenders, sets nationwide standards for underwriting loans and housing construction.
Federal Housing Administration. The agency of the federal government which insures first mortgage lenders against loss. The FHA does not lend money; it only insures the loan. FHA loans were designed for people with modest incomes; required down payment is usually 5% or less.
Federal Housing Administration (formed in 1934).
Federal Housing Administration. The FHA is part of the federal government's Department of Housing and Urban Development. It underwrites insured loans made by lenders who loan to qualified borrowers.
Federal Housing Administration. An agency of the U.S. Department of Housing and Urban Development (HUD). Its main activity is the insuring of residential mortgage loans made by private lenders. The FHA sets standards for construction and underwriting but does not lend money or plan or construct housing.
Federal Housing Administration. A division of the Department of Housing and Urban Development (HUD) that insures residential loans. It does not lend money directly. To obtain an FHA loan, a consumer contacts a direct-endorsement lender.
Federal Housing Administration. A federal Agency which insures first mortgages, enabling lenders to loan a very high percentage of the sale price.
Federal Housing Administration. A division of the U.S. Department of Housing and Urban Development that insures residential mortgage loans and sets construction standards.
For an FHA loan, the Federal Housing Administration acts as an insurer for a loan by a private lender. This allows buyers to obtain loans with more attractive financing options than are otherwise available.
The Federal Housing Administration does not lend money to buyers, but guarantees repayment of the loans to lenders. It enables buyers to purchase a home with little money down and easier qualification requirements, but the maximum allowable loan amounts are low.
Federal Housing Administration. An agency within the Department of Housing and Urban Development (HUD) that administers loan guarantee programs and loan insurance programs to make more housing available.
Federal Housing Administration, which insures mortgages to protect the lending institution in the case of the default on the loan.
Federal Housing Administration or Fair Housing Act
Federal Housing Administration. A division of Housing and Urban Development. Its main purpose is the insuring of residential mortgage loans made by private lenders. It sets standards for construction and underwriting, but does not lend money, plan or construct housing.
FEDERAL HOUSING ADMINISTRATION. See: AGENCIES.
Federal Housing Administration. A Federal agency that is a part of the Department of Housing and Urban Development, which provides mortgage insurance to private lenders.
The Federal Housing Administration (FHA) is a federal organization that guarantees mortgage loans. The FHA does not loan money. There are many rules in the FHA designed to qualify buyers and property. The FHA qualifies the buyer according to gross income, and the property to be purchased must meet the FHA standards.
Federal Housing Administration. A division of the Department of Housing and Urban Development (HUD). FHA insures loans made by approved lenders in accordance with their HUD regulations. Washington Mutual is an approved lender.
Federal Housing Administration. A division of the Department of Housing and Urban Development. Its main activity is the insuring of residential mortgage loans made by private lenders. FHA also sets standards for underwriting mortgages.
Federal Housing Administration. U. S. government agency that insures the repayment of real estate loans to lenders.
Federal Housing Administration. Federal agency within HUD that provides insurance for mortgage loans, sets certain standards. Federal National Mortgage Association (FNMA) “Fannie Mae” Privately owned corporation; Part of secondary market that purchases mortgages and sells mortgages-backed securities.
Federal Housing Administration. An agency of the Federal Government whose charge is to assist in providing housing for underprivileged citizens.
Federal Housing Administration. A government agency created in 1934 to restore lender confidence and increase home ownership. The FHA does not lend funds, but rather insures loans that lenders make to consumers. FHA-insured loans can make it much easier for first-time homebuyers to purchase a home.
The Federal Housing Administration, a division of the US Department of Housing and Urban Development (HUD), offers financing options to help buyers qualify for a mortgage loan.
A loan insured by the Federal Housing Administration (of HUD).
Federal Housing Administration. FHA is a government agency that insures mortgage loans. The FHA does not supply the funds for loans, but instead provides insurance to lenders against loss due to foreclosure on all FHA loans. There is a maximum loan amount for FHA, which varies according to location.
Federal Housing Authority. A part of the U.S. Dept. of Housing and Urban Development which offers mortgage loan insurance programs to buyers of qualifying properties.
FEDERAL HOUSING ADMINISTRATION. The Federal Government agency that administers FHA insured loans.
FEDERAL HOUSING ADMINISTRATION. An agency of the U.S. Department of Housing and Urban Development (HUD). Its main activity is providing insurance for residential mortgage loans made by private lenders. The FHA sets standards for underwriting and construction but does not lend money or plan / physically develop housing.
Federal Housing Administration. A government agency within the Department of Housing and Urban Development (HUD) that administers many programs including housing subsidies and mortgage insurance.
FEDERAL HOUSING ADMINISTRATION. The FHA was set up in1934 under the National Housing Act to encourage improvement in housing standards and conditions, to provide an adequate home financing system by insurance of housing mortgages and credit, and to exert a stabilizing influence on the mortgage market.
FEDERAL HOUSING ADMINISTRATION. Federal government agent which administers FHA insured loans.
FEDERAL HOUSING ADMINISTRATION. Division of the Department of Housing and Urban Development, sets standards for the underwriting of private mortgages. Also insures residential mortgages made by private lenders.
Federal Housing Administration. A federal agency within the Department of Housing and Urban Development (HUD) that provides mortgage insurance in an effort to encourage lenders to make loans to low and middle income homebuyers.
Federal Housing Administration. Division of the U.S. Department of Housing and Urban Development that insures residential mortgage loans made by approved lenders.
Federal Housing Administration. A federal sub-agency of the U.S. Department of Housing and Urban Development that facilitates the purchasing of homes, especially for first-time buyers and low-income buyers. Also provides mortgage insurance for private lenders.
Federal Housing Authority. Provides home loan insurance for FHA loans.
FHA is a department within the Government agency called HUD (Housing and Urban Development), whose main purpose is to promote ownership of inexpensive homes. They do this by setting up special loan programs for people who are buying homes with a sales price below the area average. FHA encourages the granting of loans, by local lenders, to people with lower incomes. They do this by guaranteeing that the local lender will be paid back if the borrower fails to make payments. FHA does not lend money, they guarantee the repayment to the bank if a borrower fails. Because the Government is involved they have restrictions on the type of home and borrowers income. The nice thing about FHA is it allows people the ability to qualify for a loan that normally wouldn't be available to them.
Federal Housing Administration. An agency within the U.S. Department of Housing and Urban Development ( HUD). Its primary function is insuring residential mortgage loans made by private lenders.
A government mortgage insurance agency that sets requirements for underwriting mortgages and insures residential mortgages made by private lenders against loss from default of borrowers on residential properties.
FEDERAL HOUSING ADMINISTRATION. An agency of the U.S. government, Department of Housing and Urban Development, that administers many loan programs, loan guarantee programs and loan insurance programs in order to make housing more widely available.
Federal Housing Administration. Secondary Mortgage Market
Federal Housing Administration. A federal agency (a part of HUD) designed to encourage private housing financing through the insurance of mortgages.
Federal Housing Administration. A branch of the U.S. Department of Housing and Urban Development (HUD) that ensures low down payment home loans.
FEDERAL HOUSING ADMINISTRATION. A sub-agency of the U.S. Department of Housing and Urban Development created in the 1930's to facilitate the purchase of homes by low-income, first-time home buyers. It currently provides federally-subsidized mortgage insurance for private lenders.
Federal Housing Administration. An agency that issues loan guarantees and administers loan programs which makes more housing available.
Federal Housing Administration. A federal agency established by Congress in 1934, in order to make mortgages more affordable for consumers and more desirable investments for lenders. FHA-approved lenders insure mortgage loans on homes that meet FHA standards.
(Federal Housing Administration) Mortgage – A mortgage loan insured by the Federal Housing Administration that permits mortgage lenders to offer better terms.
Federal Housing Administration. A government agency which insures repayment of a loan to the lender, with a result that the borrower is able to obtain a home loan with a smaller down payment and offer a lower rate on interest.
The Federal Housing Administration is a government agency with great information on home finance programs, loan limits and other interesting items.
Acronym for the Federal Housing Authority, a branch of the U.S. Department of Housing and Urban Development (HUD). Originally established to encourage imporvemnet in housing standards, the FHA now insures mortgage loans.
Federal Housing Administration. The Federal Government agency which administers HUD insured loans
An acronym for Federal Housing Administration, which is an agency of the Department of Housing and Urban Development. The FHA provides mortgage insurance for certain residential mortgages. It sets standards for underwriting these mortgages and for construction of homes secured by these mortgages.
Federal Housing Administration. A federal agency (part of Housing and Urban Development) which provides mortgage insurance for residential mortgages that conform to specific guidelines. FHA loans are credit driven, not credit score driven. FHA is not a lender.
Federal Housing Administration. is a government mortgage insurance agency under direction of the Department of Housing and Urban Development (HUD) that insures lenders against loss from default of borrowers on residential properties.
Federal Housing Administration. a part of the U. S. Department of Housing and Urban Development (HUD) that insures certain loans.
Federal Housing Administration. A division of the Department of Housing and Urban Development (HUD) which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgages. FHA loans are insured by the FHA and open to all qualified homebuyers for moderately priced homes almost anywhere in the country. Borrowers need to be able to put 3-4 percent down, and higher qualifying ratios make it easier to qualify for FHA loans. FHA mortgage insurance is a way of insuring an FHA loan. It requires a small fee (up to 3.8 percent of the loan amount ) paid at closing or a portion of the fee added to each monthly payment. Also requires an annual fee of 0.5 percent of the current loan amount, paid in monthly installments . The lower the down payment, the more years the fee must be paid.
FEDERAL HOUSING ADMINISTRATION. The federal agency which insures mortgage loans.
Federal Housing Administration. A division of HUD, which was established under the provisions of the National Housing Act as approved on June 27, 1934. This government agency is the innovator of the long-term, amortized, minimum down-payment home mortgage common in today's market.
Federal Housing Administration. Government agency, division of the Department of Housing and Urban Development, which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
loan A loan guaranteed by the Federal Housing Administration. FHA issues specific guidelines for mortgages.
FEDERAL HOUSING ADMINISTRATION. A division of the U.S. Department of Housing and Urban Development. Its main activity is to help low-income persons obtain residential home mortgage loans made by private lenders.
Federal Housing Administration. A federal agency which insures mortgages that have lower downpayment requirements than conventional loans.
Federal Housing Administration. An agency within the Department of Housing and Urban Development that provides mortgage insurance for home loans and sets standards for construction and underwriting.
FEDERAL HOUSING ADMINISTRATION. Federal agency that insures lenders against defaults on residential mortgages.
Federal Housing Administration, a government-backed program which underwrites loans. As such, they set loan standards for many loans in the industry which are then sold to FNMA (Fannie Mae) and FDMC (Freddie Mac) on the secondary loan market.
Federal Housing Administration. A government agency, which is a part of the Department of Housing and Urban Development (HUD). It was established in 1934 and insures lenders against loss on residential mortgages.
Federal Housing Administration. This government agency operates a variety of home-loan programs. Its most popular is the Sec. 203(b), program, which provides low-rate mortgages to buyers who make a down payment as small as 3 percent.
Mortgage loan insured by the Federal Housing Administration. Also see HUD.
Federal Housing Administration. a governmental body that provides mortgage insurance to lenders and covers losses that incur if the borrower fails to pay the loan; established to help people who would not qualify for private sector loan
Federal Housing Administration. An agency under the U.S. Department of Housing and Urban Development (HUD), it insures loans made by approved lenders to qualified borrowers, in accordance with its regulations.
Federal Highway Administration
Abbreviation for the Federal Housing Administration. The FHA is also an issuer of agency securities.
The Federal Housing Administration, a government agency, whose role it is to insure mortgages made by private lenders to low and moderate income households. By insuring these mortgages, FHA enables a person to receive a loan while paying only a smaller down payment and a low interest rate, but not all loans conform to the standards of FHA.
Federal Housing Administration. A government entity responsible subsidized financing for first-time, low-income home purchasers.
A federal agency which insures first mortgages, enabling lenders to loan a very high percentage of the sale price, and borrowers to qualify for a mortgage loan with very little down payment.
Federal Housing Administration. A quasi-government agency which controls a variety of home-loan programs.
Federal Housing Administration. A federal agency, established by Congress in 1934, in order to make mortgages more affordable for consumers and investments more desirable for lenders. FHA-approved lenders may obtain insurance on mortgage loans that meet FHA standards.
FEDERAL HOUSING ADMINISTRATION. An agency of the federal governement which insures first mortgage lenders against loss.
Fair Housing Act. Federal Legislation which makes it illegal to discriminate against a buyer because of his or her sex, race, age, color or creed.
Federal Housing Authority. Under the auspieces of the Department of Housing and Urban Development.
Federal Housing Administration. A Division of HUD (Housing and Urban Development), insures residential mortgage loans made by private lenders and sets standards for construction and underwriting.
FEDERAL HOUSING ADMINISTRATION. A federal agency established as part of the 1934 National Housing Act that insures mortgages made by FHA-approved lenders on real estate that meets FHA minimum standards. The establishment of the 1934 Housing Act immediately resulted in more construction jobs for the unemployed. This, in turn, helped to stimulate the depressed economy. In order to provide the means by which these new homes could be purchased, FHA established an insurance program to safeguard the lender against the risk of nonpayment of people purchasing these homes. The result was that the majority of homes financed were FHA insured. Even though the percentage of homes insured under FHA coverage has continued to decrease, the standards and requirements under FHA programs have been credited with influencing lending policies and techniques in financing residential real estate.
A common reference to the Federal Housing Administration.
Federal Housing Administration. A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
See Federal Housing Administration.
The Federal Housing Administration, which is part of the U.S. Department of Housing and Urban Development. An agency of the United States Government created in 1934 under the National Housing Act, to insure certain residential mortgage loans.
Federal Housing Administration. a federal government agency that assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages. The FHA does not lend money; it only insures the loan.
Federal Housing Administration. A federal agency that is a part of the Department of Housing and Urban Development (HUD) that provides mortgage insurance for residential mortgages.
Federal Housing Administration. FHA was created by an act of Congress in 1934. Currently operating as a division of the US Department of Housing and Urban Development (HUD), FHA does not make loans directly to borrowers. Its primary activity is to insure mortgage loans for low- and moderate-income buyers.
(Federal Housing Administration) - In order to make mortgages more affordable for consumers and more desirable investments for lenders, Congress established this federal agency in 1934 to insure that mortgage loans were made by FHA-approved lenders on homes that met FHA standards.
Federal Housing Administration. the part of the U.S. Department of Housing and Urban Development (HUD) that insures HECM loans
Federal Housing Administration. An agency of the U.S. Department of Housing and Urban Development (HUD). They mainly insure residential mortgage loans made by private lenders. They also set the standards for construction and underwriting but do not plan or construct housing nor lend money.
The Federal Housing Administration which insures mortgage loans made by approved lenders, in accordance with FHA regulations.
Federal Housing Administration. An agency of the U.S. Department of Housing and Urban Development (HUD). The FHA's main activity is the insuring of residential mortgages made by private lenders. The FHA does not lend money or build homes, though it sets standards for construction and underwriting.
The Federal Housing Administration. Sets guidelines for special lower interest loans on lower priced homes.
Federal Housing Administration–A federal agency that insures private banks, mortgage companies and savings and loans against loss on real estate loans under the FHA loan programs.
Federal Housing Administration–a division of the Department of Housing and urban Development. It sets standards for underwriting mortgages and insures residential mortgage loans made by private lenders.
A federal agency that insures first mortgages, enabling lenders to lend a very high percentage of the sale price.
A federal agency that insures first mortgages, enabling lenders to provide loans or loan a higher percentage of the sale price than they otherwise might.
Federal Housing Administration. A section of the U.S. Department of Housing and Urban Development that insures loans It sets guidelines for the approval and insurance of these loans
A government agency within the Department of Housing and Urban Development that administer many programs for housing loans made under its auspices with private funds, including mortgage insurance for associations, and rent or interest assistance for low-income tenants and mortgagors.
Federal Housing Administration. A government agency of the U.S. Department of Housing and Urban Development (HUD). Its main purpose is to insure residential mortgage loans made by private lenders. This agency sets the standards for underwriting, but does not lend money.
Federal Housing Administration. Federal Reserve System Fee Simple
Federal Housing Administration. FHA provides mortgage insurance for qualified home buyers.
FEDERAL HOUSING ADMINISTRATION. A division of HUD. Its main activity is the insuring of residential mortgage loans made by private lenders. It sets standards for construction and underwriting. FHA does not lend money, or plan or construct housing.
Stands for Federal Housing Administration. It's a branch of H.U.D. It's basic function is to direct housing in a way that Congress mandates by issuing mortgage insurance to institutional lenders on the loans they make. With such loan insurance, lenders are willing to lend with smaller down payments and at lower rates of interest.
Federal Housing Administration. A division of HUD; it insures residential mortgage loans and sets construction standards as its principal activities.
Federal Housing Administration. An agency of the U.S. Department of Housing and Urban Development (HUD), whose function is the insuring of residential mortgage loans made by private lenders; while setting standards for construction and underwriting, the FHA itself does not lend money, o
Federal Housing Administration. Government agency which guarantees their loans to lenders.
Federal Housing Administration. Government agency that sets guidelines for mortgage underwriting and insures mortgages made by private lenders to borrowers of residential property. Part of the Department of Housing and Urban Development (HUD).
FEDERAL HOUSING ADMINISTRATION. An agency of the federal government that insures mortgage loans.
Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages.
Finite-life REIT first mortgage
(Federal Housing Administration). A division of the Department of Housing and Urban Development. The FHA's main activity is the insuring of residential mortgage loans made by private lenders. It sets standards for construction and underwriting. FHA neither lends money, nor plans, nor constructs housing.
Federal Housing Administration. tk
Federal Housing Administration. An agency within the Department of Housing and Urban Development that sets standards for underwriting and insures residential mortgage loans made by private lenders. One of FHA's objectives is to make available affordable mortgages to those with low or moderate income. FHA loans may be high loan-to-value, and they are limited by loan amount. FHA mortgage insurance requires a fee of up to 3.8 percent of the loan amount to be paid either at closing or added to each monthly payment, as well as an annual fee of 0.5 percent of the loan amount added to each monthly payment.
Federal Housing Administration. government agency that operates various home loan programs.
Fair Housing Act. Law making it illegal to discriminate in housing sales or rentals or in housing lending and insurance on the basis of race, color, national origin, familial status, disability, sex, and religion.
Federal Housing Administration. The FHA is a federally sponsored agency created in 1934 under the National Housing Act to insure lenders against loss on residential mortgages.
Federal Housing Administration. An area of the U.S. Department of Housing and Urban Development (HUD) that insures low downpayment mortgages granted by some lenders. The loan must meet the established guidelines of FHA in order to qualify for the insurance.
Federal Housing Administration. This government agency operates a variety of loan programs including the Section 203(b) program, which provides low-rate mortgages to buyers who make a down payment of as little as 3 percent.
Federal Housing Administration. an agency of the U.S. Department of Housing and Urban Development ( HUD) that insures first mortgages and can enable lenders to lend a very high percentage of the purchase price. The FHA does not actually lend money.