The New Deal Programs of the TVA and FHA. The New Deal Programs of the TVA and FHABy Claire MongenasThe term was coined during Franklin Roosevelts 1932 Democratic presidential nomination acceptance speech, when he said, "I pledge you, I pledge myself, to a new deal for the American people."
Fha Mortage Rate How To Apply For Hud Home Loan borrower eligibility requirements. lenders will take your loan application and review your credit, income and debt levels. The FHA requires a minimum credit score of 500, but borrowers with scores over 580 benefit from a lower down payment requirement of 3.5 percent (as opposed to 10 percent for scores of 500 to 580).