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9 May, 00:04

The FHA loan insures the ___.

a.

borrower

c.

mortgage broker

b.

seller

d.

all of the above

+3
Answers (1)
  1. 9 May, 03:36
    0
    d. all of the above

    Explanation:

    The FHA loan is a type of mortgage insurance that was initially offered to lower income American who otherwise wouldn't be able to afford a home. The FHA insures all sides. It provides the borrower with a benefit of lower own payment, while the lender becomes insured by receiving the mortgage insurance funds from the borrower in two parts: one-time bulk and continuous monthly payments.
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