An FHA loan is a mortgage loan insured by the Federal Housing Administration. FHA is part of the U.S. Department of Housing and Urban Development (HUD). FHA insures loans made by banks, savings and loans, mortgage companies, credit unions and other approved institutions. FHA does not originate loans. Since 1934, FHA has offered mortgage insurance programs which assist people in purchasing homes with a low down payment. The loan limits for FHA loans vary geographically.

For more information about FHA Loans, visit http://portal.hud.gov.