A mortgage that is insured by the Federal Housing Administration
(FHA) or guaranteed by the Department of Veterans Affairs
(VA) or the Rural Housing Service (RHS). Contrast with conventional
National Mortgage Association
A government-owned corporation within the U.S. Department
of Housing and Urban Development (HUD). Created by Congress
on September 1, 1968, GNMA assumed responsibility for the
special assistance loan program formerly administered by Fannie
Mae. Popularly known as Ginnie Mae.
The person to whom an interest in real property is conveyed.
The person conveying an interest in real property.
The amount of money that is paid for the use of land when
title to a property is held as a leasehold estate rather than
as a fee simple estate.
A single-family residential structure designed or adapted
for occupancy by unrelated developmentally disabled persons.
The structure provides long-term housing and support services
that are residential in nature.
A fixed-rate mortgage that provides scheduled payment increases
over an established period of time, with the increased amount
of the monthly payment applied directly toward reducing the
remaining balance of the mortgage.
A mortgage that is guaranteed by a third party.
Also known as a government mortgage.