FHA LOANS - The Most Popular Mortgage July 2012 - FHA Loan applications exceed 3,000,000 for FY 2009, up from 1,700,000 in 2008.
FHA Home Loans continue to grow in popularity because of the excellent terms that they offer to home buyers and home owners alike. FHA Loans allow potential buyers to purchase a home with a super FHA mortgage rates and only 3.5% down. FHA Refinance Loans can be used to refinance a conventional conforming, FHA or subprime mortgage into a stable fixed-rate FHA Mortgage, up to 96.5% of the appraised value of the home.
What can an FHA Mortgage Loan do for you? In simple terms, FHA Home Loans can be used to purchase a home with a small, 3.5% down payment or refinance a home to lower your interest rate or take cash out. FHA-101.com is provided as a resource to help you navigate your mortgage options to make informed loan decisions for you and your family.
FHA Loans FHA Loans are one of the most popular loans available to home buyers and owners today. FHA Loans allow more people to qualify with flexible credit and income guidelines and great interest rates. See why people love the low fixed rates and security of a government-insured HUD FHA Loan.
FHA-101.com is not a lender or broker and does not offer mortgages. FHA-101.com is not affiliated with HUD or FHA and is not a government agency. FHA-101.com provides information about mortgages and home loans. FHA-101.com does not offer mortgages or home loans directly or indirectly. FHA-101.com is not responsible for the accuracy of information and/or interest rates, APR or mortgage information posted by brokers, lenders, banks or other advertisers.