AI-created image
Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Federal_housing_program
|
| gptkbp:administeredBy |
gptkb:Federal_Housing_Administration
|
| gptkbp:allows |
Assumable mortgages
|
| gptkbp:appliesTo |
One- to four-family residences
|
| gptkbp:availableOn |
U.S. citizens and legal residents
|
| gptkbp:compatibleWith |
Investment properties
Vacation homes |
| gptkbp:dateEnacted |
1934
|
| gptkbp:downPaymentRequirement |
Low down payment
|
| gptkbp:insurancePremium |
Mortgage insurance premium required
|
| gptkbp:maximumLoanAmount |
Subject to FHA loan limits
|
| gptkbp:partOf |
gptkb:National_Housing_Act
|
| gptkbp:purpose |
Provide mortgage insurance for single-family homes
|
| gptkbp:relatedTo |
gptkb:FHA_loan
|
| gptkbp:requiredDocuments |
Flexible credit requirements
|
| gptkbp:requires |
Primary residence occupancy
Property appraisal |
| gptkbp:targetAudience |
Homebuyers
|
| gptkbp:typeOfLoan |
FHA-insured mortgage
|
| gptkbp:bfsParent |
gptkb:Federal_Housing_Administration
|
| gptkbp:bfsLayer |
4
|
| https://www.w3.org/2000/01/rdf-schema#label |
Section 203(b) program
|