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Fixed Thirty Year FHA Mortgage Loans
The 30 year fixed FHA mortgage remains one of the most popular home loan programs in 2013. Borrowers like this FHA mortgage because the rate is competitive and there is no penalty for an early pay-off. The other important feature is that FHA allows financing and refinancing up to 97% loan to value. Nationwide Mortgage Loans offers competitive FHA mortgage loans with 15 or 30 year term options.
30-Year FHA Mortgage Loans with Competitive Rates
Ask your FHA lender about state specific limitations and pricing incentives that may help reduce your mortgage payment even more. HUD regulates the loan amount limits that vary from state to state based on cost of living conditions. Borrowers are taking out FHA home loans for rate and term, cash out, bill consolidation and new home purchases. The 30-year FHA mortgage has become the most popular loan for first time home buying in the U.S.
Affordable Fixed Rate Government Home Mortgage Loans
FHA limits in 2013 remain on the high side historically. This has helped more borrowers qualify for affordable thirty year fixed rate mortgages that were government insured. Discuss your criteria with one of our experienced loan officers that can help educate you about the new FHA guidelines that may benefit your bottom line.
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