FHA Mortgage Loan
FHA mortgage loans offer a unique opportunity compared to conventional home mortgages. When comparing home financing options, the FHA mortgage loan only requires a 3.5% down-payment and the conventional loan requires a 20% down-payment. A FHA mortgage is also unique because the underwriting is not credit score driven. This allows borrowers who have a bad credit mortgage to refinance into a more affordable loan with a reduced interest rate.
Lock into the Lowest FHA Mortgage Rates Ever!
Take advantage of low rate FHA loans that extend loans to first time home-buyers and homeowners with bad credit who need more flexible FHA guidelines that are more forgiving on equity and credit scores. We listed a few of the more popular FHA mortgages below:
- First Time Homebuyer Loan
- FHA Refinance with Cash Out
- FHA Streamline Refinance
As a trusted Nationwide mortgage lender, we pride ourselves in offering great service and low rate guarantees on home purchase and FHA refinance loans. In 2010 FHA mortgage rates dropped to the lowest point since Freddie Mac starting tracking mortgage interest rates for consumers and lending professionals.
