Government Mortgage

A mortgage loanThe legal agreement where a borrower is obligated to repay a lender for money borrowed to purchase a home. that is insuredThe policyholder - the person(s) protected in case of a loss or claim. or guaranteed by a federal government entity such as the Federal Housing AdministrationFHA was created by an act of Congress in 1934. Currently operating as a division of the US Department (FHASee: Federal Housing Administration.) or guaranteed by the U. S. Department of Veterans AffairsThe VA provides the world's most comprehensive and diverse programs of benefits for veterans and their (VAThe Department of Veterans Affairs. (VA) will insure certain government mortgages that are provided), or the Rural Housing ServiceRHS is managed by the US Department of Agriculture (USDA) and provides a wide variety of services to (RHS).

Government Mortgage

A mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. that is insuredThe policyholder - the person(s) protected in case of a loss or claim. by the Federal Housing AdministrationFHA was created by an act of Congress in 1934. Currently operating as a division of the US Department (FHASee: Federal Housing Administration.) or guaranteed by the Department of Veterans AffairsThe VA provides the world's most comprehensive and diverse programs of benefits for veterans and their (VAThe Department of Veterans Affairs. (VA) will insure certain government mortgages that are provided) or the Rural Housing ServiceRHS is managed by the US Department of Agriculture (USDA) and provides a wide variety of services to (RHS). Contrast with conventional mortage.