Utah Agent Information
For Forms, the Broker Handbook and to search for available HUD properties, please visit the Utah State Page on Michaelson, Connor & Boul's website.
Federal Housing Administration "FHA"
The Federal Housing Administration, generally known as "FHA", is the largest government insurer of mortgages in the world. A part of the United States Department of Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily, manufactured homes and hospital loans made by FHA-approved lenders throughout the United States and its territories. While borrowers must meet certain requirements established by FHA to qualify for the insurance, lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her loan. FHA has insured over 37 million home mortgages and 47,205 multifamily project mortgages since 1934. Currently, FHA has 5.2 million insured single-family mortgages and 13,000 insured multifamily projects in its portfolio. Clearly, FHA provides a huge economic boost to the country in the form of home and community development, particularly in today's challenging financial climate.
For information regarding the following, click here:
1. Buying a HUD Home
2. FHA Resources, click here
3. FHA Financing Programs
4. Avoid Foreclosure, click here
Whether you're in foreclosure now or worried about it in the future, we have information that can help.
Get Help Now!
- Talk to a foreclosure avoidance counselor
- Talk to your lender
- Find state and local foreclosure resources
- Contact HOPE NOW
Keep Your Home
Refinance Options
- Making Home Affordable Program
- Learn about HOPE for Homeowners
- Who to call when a lender won't work with you
If You Can't Keep Your Home
- Redemption period - your last chance to save your home
- Local renting resources
- Rental assistance
- Relocation resources
- U.S. Postal Service Movers Guide
