Chapter 11 Flashcards by Rocky Acc | Brainscape

Q

What is the FHA under?

A

HUD

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Q

Who is insured by the government under FHA?

A

Lender

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Q

Government insured loan under HUD

A

Federal housing administration (FHA)

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Q

What does FHA stand for?

A

Federal housing administration

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Q

What is FHA?

A

Government insured loan under HUD

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Q

Housing and urban development

A

FHA

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Q

MIP is what kind of loan?

A

FHA

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Q

Do you always get PMI on your loan?

A

No

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Q

What is an adjustable rate mortgage also known as?

A

An ARM

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