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Wednesday, November 25, 2009

How the FHA Loan has come to rescue ...


If Ghanaian policymakers truly want to learn how to boost the housing sector in our country today, they should come to the United States to see and learn how the Federal Housing Administration, FHA, has revolutionized their lending practices to help boost the housing sector and the American economy today. Very simply, the FHA formula works this way: Loan money at very low interest rates, require very low down payments from the borrower, but secure the loan to the lender with an insurance policy paid for by the borrower.

To read the entire article, please visit: http://news.peacefmonline.com/features/200911/32434.php

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