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The FHA was also circumspect about the calls for more data sharing between lenders.
For example, FHA loans require a smaller down payment.
Homeowners can seek to refinance their homes through the FHA, thus lowering their monthly housing costs and making more money available to help pay off debt.
The major program offered by the FHA is called Hope for Homeowners.
One option for senior citizen assistance programs is the Federal Housing Administration's (FHA), Home Equity Conversion Mortgage (HECM).