This session in Beijing marked the official launch of the Propell Teacher Workshop for the TOEIC Bridge(tm) test. Propell (TM) Teacher Workshops for the TOEIC(R) Tests Offered Free-of-Charge to English-Language Teachers Across Asia.
The Federal Housing Administration backs up mortgage loans through a mortgage insurance program that guarantees a loan if the borrower defaults. FHA has certain inspection guidelines that a home must meet before the loan can be guaranteed.
Related Terms: FHA Guidelines. Similar to all lenders, the FHA has certain requirements that must be met to be considered eligible for a mortgage insured by them. Unlike many conventional loans, however, FHA loans have less stringent requirements for borrowers to meet in order to qualify. Whereas many lenders ask for a 20-percent down payment, you donât need a huge upfront payment for a government backed mortgage. The FHA needs a down payment 3.5% of the purchase price.