4 ms·
Where are they common? I don't think they're anywhere to be found in any major metropolitan area, but please correct me if I'm wrong.
by j0hnyl 4y ago
Where are they common? I don't think they're anywhere to be found in any major metropolitan area, but please correct me if I'm wrong.
- bdcravens 4y ago1 in 8 home loans are FHA, and there's no reason why they wouldn't be in major metropolitan area. Are you sure you're not thinking of another loan type, like USDA? https://www.hud.gov/sites/dfiles/Housing/documents/FHA_SF_Market_Share_2022Q2.pdf https://www.hud.gov/sites/dfiles/Housing/documents/FHA_SF_Ma... "In FY 2020, the three most populous states — California, Texas, and Florida — had the greatest counts of FHA-insured mortgage loan endorsements. Together, these states accounted for 28.64 percent of such endorsements." https://www.ncsha.org/blog/fha-2020-annual-report-shows-fhas-impact-on-first-time-and-minority-homeownership/ https://www.ncsha.org/blog/fha-2020-annual-report-shows-fhas...