arrow

Got a Home in Virginia?
Get Your Best Mortgage From Just 2.21%

FHA Morgage Loans Set to Go Up

by


If you’re considering an FHA mortgage loan there are several things you need to know before signing on the bottom line. 

» Mortgage Lender Spotlight «

Each month we showcase exclusive offers from top lenders
that can save you thousands of dollars on your next home loan.

These loans have become extremely popular following the mortgage meltdown and the FHA is running out of Reserve funding. If you’re considering an FHA home loan and want the best refinance rates there are several things you need to know to avoid overpaying.

Check out loan.com’s article about rising FHA mortgage loans below. You can learn more about mortgage refinancing without hidden markup or junk fees by checking out my free Underground Mortgage Refinancing Videos.

 

Ever since the housing market bubble burst, FHA loans have been in high demand. With tighter lending standards in place for conventional loans, more people have no other option other than an FHA backed mortgage. While FHA loans are still only made available to credit worthy applicants, the criteria is not quite as stringent. Applicants need only put 3.5 percent for a down payment, making these loans in reach for many first-time homebuyers.

http://www.loan.com/blog/2011/03/28/the-cost-of-fha-loans-set-to-go-up/

People Who Read This, Also Read:



{ 1 comment… read it below or add one }

Brad Foster April 27, 2011 at 8:35 am

Is there a program that allows you to split your mortgage? I would like to refi and split so I can pay half off sooner.

Reply

Leave a Comment

Previous post:

Next post: