An FHA loan is a home loan guaranteed by the federal government. traditional lenders make these loans to those who meet the requirements and the government guarantees them. [See: How to Invest in Real.
Low Income Mortgage Loans HUD.gov / U.S. Department of Housing and Urban Development (HUD) – Do you own it outright or have a low loan balance? If you can answer "yes" to all of these questions, then the FHA Reverse Mortgage might be right for you. It lets you convert a portion of your equity into cash. Want to make your home more energy efficient? You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.