Archive for: October 25, 2006

October 25, 2006

Definitions on Types of Mortgages Part 2

Filed under: Mortgage Broker Company - 25 Oct 2006

FHA and FHA Mortgages - Federal Housing Administration - established in 1934 to improve housing standards and conditions to help provide an adequate home financing system through insurance of mortgages.

VA Mortgage - A mortgage that is guaranteed by the Department …