§ 51055 Loan Purchase And Sale

• •The agency can buy and sell loans for building or fixing houses.
• •They can also buy and sell things that protect these loans, like insurance.
• •They can be part of these loans with others.

If you take a loan to build a new house, the agency might buy that loan from the bank.

This means the agency now owns your loan, and you pay them back instead of the bank. They can also sell your loan to someone else if they want.