asked 197k views
4 votes
An FHA loan is a type of financial aid.
a. True
b. False

2 Answers

4 votes

Answer:

false

Step-by-step explanation

FHA is a type of loan

answered
User Itspers
by
8.7k points
4 votes
It would be completely false to say that an FHA loan is a type of financial aid. The correct option among the two options that are given in the question is option "b". The full form of FHA is Federal Housing Administration. FHA loan is actually a mortgage insured by the FHA which is actually a government agency of the United States Housing Department.
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