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.
Customer satisfaction
Send us your questions and commentaries. We wil be glad to answer our vistiors.
News & Events
- Mortgage Rates Moved Higher This Week | September 25 and 26, 2021 - 2021-09-25
Even with today’s higher rates, well-qualified buyers considering a new mortgage or refinancing their current home loan should be able to find low and attractive interest rates and comfortable... - New Home Sales Recovery Continued in August; Who's Lying About Mortgage Rates - 2021-09-24
... - Average rate on 30-year fixed mortgage rises - 2021-09-24
Diana Olick joins The Exchange with news on mortgage rates rising sharply, crossing the 3 percent mark once... - Mortgage rates inch up — and signs say even bigger increases are ahead - 2021-09-26
... - Could a Low Appraisal Doom Your Home Sale? - 2021-09-26
...