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FHA

FHA

25 4.4
A US government agency that insures home loans to help people buy houses
  • noun
  • /ˌɛfˌeɪˈeɪ/
translation icon : Administración Federal de la Vivienda (FHA)
  • Many first-time buyers turn to FHA loans because they require a lower down payment.
  • FHA mortgage guarantee
  • FHA program
  • FHA borrowers

We used an FHA loan and we're going to start looking for houses.

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Examples

  • The established minimum standards set by FHA for home construction became almost a fixed rule throughout the industry.

    Academic text (1993)
  • In 2010, the FHA guaranteed about $319 billion in new mortgage loans, which represents about 17 percent of single-family mortgages.

    Academic text (2016)
  • Then next Tuesday we will have a very important person who is a former head of the FHA Federal Housing Authority.

  • We used an FHA loan and we're going to start looking for houses.

  • After sending the information to the FHA, he received the following reply:

    Blog text (6)
  • That's because I bought my property with an FHA loan thanks to the government.

  • That's why the FHA makes home ownership possible for low-income people in the first place.

  • Following the example set by FHA, the Veterans Administration offered, in 1954, no-down-payment loans to military service veterans.

    Academic text (1993)
  • The FHA has, in this way, contributed to urban blight and suburban sprawl.

    Academic text (1999)
  • The FHA employed Babcock and incorporated his model into its underwriting and real estate approval standards.

    Academic text (1997)

Synonyms

1 3.5

A U.S. government agency that insures home loans to help people buy houses

is the abbreviated form used in speech and writing

Surface Forms

FHA singular
FHAs plural

Morphology

FHA = Federal Housing Administration (opaque) = F + H + A

FHA is an initialism formed from the initials of the full name, so its meaning is not recoverable from the letters themselves.

Etymology

The word FHA stands for the Federal Housing Administration, and you can remember its parts: Federal means the 'national' government, Housing means 'homes', and Administration means 'management' or 'agency'. So, the FHA is the national office that helps insure home loans and makes it easier for people to buy houses.