What is FHA loan?
A mortgage insured by the Federal Housing Administration to expand access to homeownership; it permits high loan-to-value financing (about 96.5%) and requires upfront and annual mortgage insurance premiums.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.