FHA loans may not be the cash cow that “Option Arm’s” were for mortgage brokers a few years ago, but with FHA, brokers and loan officers can actually feel good about financing they provided to the consumer. In most cases, FHA lending companies provide the full array of government loans, like the FHA Streamline and FHA Secure.
FHA loans have no pre-payment penalties for refinancing or selling the home. FHA home loans offer a true fixed principal and interest rate that enables a borrower to own their home after thirty years by simply making the payment each month.
· Multi State HUD Approved Lenders
· Low Rate Home Refinancing
· FHA, VA, Conventional
· Quick Government Closings
· Credit Scores as low as 530*
· FHA Secure Refinance
· No YSP Disclosure
· Loan Volume Incentives
4 comments so far
[...] here: FHA Home Loans Help Mortgage Brokers Stay Alive Read [...]
Brokers are dying by the vine. Hopefully FHA loan programs will stay aggressive!
See http://www.mortgagerelatednews.html
Low Rate FHA Mortgage Refinancing…
FHA mortgage loans are saving homes for consumers across the nation. Take some time and lock in to a low fixed rate mortgage that you can afford.
Restructure Your Mortgage…
Renegotiate your mortgage rates with the help of foreclosure attorneys that can help prevent foreclosure. – Francis Dormand
FHA mortgage refinance…
The Fed slahed interest rates and the FHA mortgage lenders have reponded favorablly. Refinance your ARM into a low fixed rate insured by FHA!
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