The FHA has Provided Housing Opportunities for Many
The FHA, Federal Housing Administration, an arm of the United States government has afforded home ownership opportunities to thousands of people since the 1930's. FHA loans are loans that are available for purchasing or refinancing a home. The FHA insures the lender that the home mortgage loan will be paid for, this reducing their risk when dealing with persons with less than perfect credit or very little down payment. FHA loans are available to anyone looking to purchase a home or refinancing a home. An FHA home loan is a great financing tool to home ownership. FHA financing is easier to qualify for thus, will assist many more people whom ideally do not meet the standards of banks, credit unions and other lenders. FHA Home loans are most prevalent in loans originating for high credit risk, low income, minority or low down payment persons seeking home ownership.
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News & Events
- Mortgage Rates Rise, But There’s Still Hope For Homebuyers - 2019-10-17
Mortgage rates continued their ping-ponging this week, inching up to 3.69%, according to Freddie Mac. That’s .12% higher than last week, but still 1.16% lower than this time last year. The Mortgage ... - Cheap mortgage rates bite into already low housing inventories - RealtyBizNews: Real Estate News - 2019-10-18
... - Florida Ranks No. 1 In The U.S. For Mortgage Denial Rates - 2019-10-18
... - Mortgage rates higher for Friday - 2019-10-18
Multiple benchmark mortgage rates climbed higher today. The average rates on 30-year fixed and 15-year fixed mortgages both cruised higher. The average rate on 5/1 adjustable-rate mortgages, or ARMs, ... - Mortgage Rates Face Volatility Thanks to an Old Friend - 2019-10-17
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