United States Federal Housing Administration

The United States Federal Housing Administration (FHA) is a government agency that provides mortgage insurance to lenders, encouraging them to offer loans to homebuyers who might not qualify otherwise. By insuring these loans, the FHA reduces lenders' risk, making it easier for individuals—especially first-time or low-to-moderate income buyers—to access affordable home financing. Borrowers pay mortgage insurance premiums, which help sustain the program. The FHA does not lend money itself but supports a system that promotes homeownership accessibility and stability across the country.