Which of the following is NOT a purpose of the FHA Loan Program?

Study for the Texas Real Estate Finance Test. Prepare with comprehensive flashcards and multiple choice questions, complete with explanations and hints to ensure your success. Get ready for your exam with confidence!

The purpose of the FHA Loan Program is primarily focused on increasing access to homeownership for low to moderate-income families, supporting first-time homebuyers, and enhancing affordable housing options. Specifically, the program provides mortgage insurance that enables lenders to offer loans with lower down payments and more favorable terms, facilitating the purchase of homes for those who might otherwise struggle to secure financing.

Encouraging real estate investment for profit is not a goal of the FHA Loan Program. The program is designed to assist individuals in obtaining homes and fostering stability within communities rather than serving the interests of profit-driven real estate investors. Thus, the correct answer identifies a purpose that falls outside the program's objectives.

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