3 years ago

A(n) _____ is a government-backed mortgage.

Mathematics

2 answers:

Alecsey [184]3 years ago

7 0

CONVENTIONAL LOAN. LIKE FHA AND VA

vesna_86 [32]3 years ago

7 0

Answer:

An FHA is a government-backed mortgage.

Step-by-step explanation:

An FHA is a government-backed mortgage.

An FHA loan or the Federal Housing Administration loan is a government-backed mortgage.

An FHA loan easily obtained, but no matter what, the borrower will have to pay the mortgage insurance. In this way, the lender's money is protected from a loss if the borrower defaults out on the loan.

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