What are FHA-Insured Loans
FHA-Insured Loans and the HUD 223(f) Loan Program
FHA-insured loans are loans that are backed by FHA mortgage insurance (see also HUD-Held) mortgages). The FHA insures both single family home mortgages, through its 203(b) and 203(k) loan programs, and multifamily mortgages, through programs including the HUD 223(f), HUD 221(d)(4), and HUD 232 loan programs.