Federal Housing Administration

The Federal Housing Administration (FHA) is a government agency in the United States that provides insurance for loans made by approved lenders to help people buy homes. Established in 1934, its goal is to make homeownership more accessible, especially for first-time buyers and those with lower incomes or less-than-perfect credit. By insuring these loans, the FHA encourages lenders to offer financing with lower down payments and flexible terms, making it easier for more Americans to purchase homes and improve their living situations.