In 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home.
FHA does not make home loans, it insures a loan; should a homebuyer default, the lender is paid from the insurance fund.
BBMC Mortgage, a Division of Bridgeview Bank Group, doing business as LenderCity®
Company NMLS: 484683
17813 Edison Ave., Suite 201
Chesterfield, Missouri 63005
Phone: 888.880.CITY (2489)