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FHA LOANS - The Most Popular Mortgage
February 2010 - 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 Home Loans allow potential buyers to purchase a home with a super low interest rate 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? Put simply, FHA Loans can be used to purchase a home with a small down payment or refinance a home to lower your interest rate, consolidate debt, take cash out, do a home renovation or for any other reason. Let ENG Lending help you navigate your mortgage options with exciting, low FHA Loan Rates get the result you are looking for: approval!
What are you looking to accomplish?

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