An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan.The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better deal. FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price. You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.
FHA Loan Refinance and Home Purchase Loans at: www.FHA.com