In 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home.
FHA does not make home loans, it insures a loan; should a homebuyer default, the lender is paid from the insurance fund.
We love helping people with their home purchase and refinance needs. We look forward to answering all of your mortgage questions. Call us today at 207-899-5354, we are here for you.
Company NMLS: 926200
Blue Stripe Mortgage