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 Start Sideways But Move Higher in The Afternoon - 2024-05-16
... - Mortgage Interest Rates Today, May 15, 2024 | Rates Hold in High 6% Range - 2024-05-15
These are today's mortgage and refinance rates. Mortgage rates continue to hover in the upper 6% range, and they're expected to drop as inflation... - Mortgage rates dropped again last week - 2024-05-16
... - Mortgage rates dip toward 7% in slide from 2024 highs - 2024-05-16
The daily average rate on a 30-year mortgage dipped below 7% for the first time weeks, according to Mortgage News... - Mortgage Rates and House Prices Aren’t Dropping — 14 Tips To Afford a Home Anyway - 2024-05-16
It's bad enough that mortgage interest rates and home prices are high at this time, but even worse, industry experts don't predict a drop in either for some time to come. Read Next: Why...