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Federal Housing Administration (fha) loan- borrowers with this kind of loans pay for mortgage insurance, which protects the lending company from a loss if the borrower evades the loan. FHA doesn’t lend any money because their main concern is to insure mortgages.. Temple Terrace FHA Loans.
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Federal housing administration (fha) loan- borrowers with this kind of loans pay for mortgage insurance, which protects the financial institution from a loss if the borrower evades the loan. The recipients of an FHA loan are homebuyers with small down payments, individuals whose house payments might be a big chunk of take-home pay and home.