Nationwide Mortgage understands the growing demands of American consumers so we are always adding home loan programs so borrowers can be sure they are getting the best mortgage refinance and purchase programs.
Blogroll
FHA Refinancing
- This is a great FHA blog that provides mortgage updates for FHA lending products.
Government Mortgage
Check out the government loan programs from FHA, VA and the USDA.
Loan Modification
- Consider refinancing alternatives before foreclosure.
FHA Mortgage
FHA Mortgage
- Finance a New Home with only 3% Down
HUD can finally implement plans to expand foreclosure prevention programs, like Hope for Homeowners.These new FHA home loans were designed to make loan payment more affordable for struggling homeowners.FHA mortgage lending continues to rework their refinance programs so that more homeowners can benefit from refinancing bad credit mortgages with negative amortization and adjustable rate mortgage loans.
Watch Mortgage Interview with HUD Secretary Steven Preston
With the FHA H4H program, homeowners would have to share any equity gained if a hold is sold or refinance before 5 years.Hope for Homeowners loans are written down to 90% of the today’s market value.In many cases, homeowners are under water with their mortgage exceeding the value of their home because property values have declined so much in the last two years.Distressed homeowners are frustrated because they want to complete a mortgage refinance transaction while interest rates are at record low levels.FHA mortgage rates remain very low at 5% for thirty year fixed rate home loans. For homeowners that don’t qualify for the H4H loan, Nationwide recommends a mortgage loan modification that would be negotiated with the loss mitigation department from your lender.
FHA Mortgage Loans for Low Rate Refinancing & Purchase
Take advantage of low FHA rates available for mortgage refinancing and homebuying opportunities. Affordable FHA mortgages are available to borrowers who meet the FHA loan requirements.
