The FHA loan program is a mortgage loan that is insured by the Federal Housing Administration (FHA). The federal government insures loans for FHA approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. In addition to FHA, the federal government also has …Read More
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FHA Interest Rate Forecast December 2014
FHA Interest Rate Forecast December 2014 – great news is FHA mortgage rates are currently at their lowest point of the entire year. It appears we are going to end 2014 with some very attractive FHA 30 year fix rates! FHA 30 year fixed rates are currently in the mid to LOW …Read More
FHA Streamline Refinance, Rates Still Low
Florida FHA Interest Rates are back down near all time lows, and the lowest we have seen in over a year. Homeowners in Jacksonville, Miami, Tampa and Orlando – now may be the time to refinance your FHA mortgage if you missed the last opportunity when rates were this low. …Read More
2014 FHA Loan Application Pre Approval Requirements
FHA mortgage loans remain one of the most popular financing option in 2016 for Florida first time home buyers. This is greatly due to the minimum 3.5% down payment FHA loans require. Government backed FHA-insured loans offer many benefits and protections that you will not find in other loans including: …Read More
FHA Loan Application Pre Approval
Many Florida home buyers today are often in search of a limited down payment loan solution. The FHA mortgage still remain on the top choices for home buyers that have less than 20% down payment. Understanding the FHA loan approval process is very important if you plan on getting an FHA home …Read More
FHA By the Numbers – FHA Becoming the Top Mortgage Program
Low down payment home loans are becoming very limited for Florida homebuyers today. One bright light in these desperate times is coming from the Federal Housing Administration. Starting out from the ashes of the Great Depression in the 1930’s, its primary function was to provide insurance for lenders. Private mortgage …Read More