A Mortgage Loan that is, in some way, subject to federal law because it is guaranteed, insured, or otherwise regulated by a government agency such as the Federal Housing Administration (FHA), Veterans Administration (Va), Federal National Mortgage Association (Fnma) or Federal Home Loan Mortgage Corporation (Fhlmc).
Example: To borrow on a federally related mortgage, certain things must be done in an appropriate way, including use of a State-Certified Appraiser.
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