1.4K views | In simple terms, equity is the difference between your assets and the cost of liabilities. In terms of real estate, equity is the difference between the current value of your property and the amount you still owe on the mortgage. | FHA.com | Facebook

13K views · 47 reactions | A major hurdle people face when trying to buy a house is saving up for the down payment. To help overcome this issue, there are Down Payment Assistance (DPA) programs that provide homebuyers with grants that go toward the up front and closing costs of buying a house. | FHA.com | Facebook

6.2K views · 3 comments | Your loan officer is an employee of the bank or lending company where you are applying for mortgage. He/She looks for home loan solutions for you from within options available at the company he works for. They go by many names, including mortgage bankers, mortgage consultants, etc. | FHA.com | Facebook