Starting in the early 1900s larger scale tuna fishing gear was introduced into the region. Today four types of gear produces the vast majority of the tuna catch in the Pacific Islands region: purse seine, longline, pole-and-line and trolling. (fig:Tuna catch in metric tons in the WCPO)
DEFINITION of 'FHA Loan'. A mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). FHA loans are designed for low to moderate income borrowers who are unable to make a large down payment. FHA loans allow the borrower to borrow up to 97% of the value of the home.
More On FHA Loan Limit. The FHA loan limit is the maximum loan amount you can get for an FHA loan, which varies depending on the area you live in. An FHA loan is a loan that is insured by the Federal Housing Administration (FHA). The loans are geared toward borrowers that do not have a large down payment on the home they wish to purchase. FHA loans require a minimum of a 3.5 percent down payment on the purchase price of the home.