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FHA Mortgage Lending |
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FHA lenders provide home lending that has enabled homeowners with bad credit to refinance their mortgage with a low fixed rate loans.
Thousands of sub-prime borrowers are flocking to the FHA lenders so that they can lower their payments and lock in a fixed interest rate for their first mortgage. In 2007 and 2008, HUD revised the FHA lending guidelines for refinance and purchase mortgages. Lenders were issued a temporary increase for FHA loans in high cost areas. |
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The interest rates for FHA refinance and home purchase loans remain competitive and comparable to conventional Fannie Mae mortgage rates. |
Because of plummeting home values and high adjustable rates, many consumers are inquiring about the FHA Secure options that are offered to homeowners who were never late prior to their mortgage adjusting. FHA Loan Blog - Read, Comment and Post Questions about Home Buying and Loan Refinancing. |
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Equal Housing Lender. © 2008 FHA Home Loan Refinancing, FSB, Government FHA Mortgage Division. Trade/service marks are the property of FHA Home Refinance Corporation, or their respective loan subsidiaries. Some mortgage products may not be available in all states. This is not a commitment to lend. Certain restrictions may apply. FHA Home Loan Refinancing Corporation, 3 Mason, Ste B, Irvine California 92618 |
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FHA lending has been greatly expanded since its inception in 1934. Millions of consumers have become homeowners with FHA home loans. Recently the FHA has opened the door for borrowers to refinance their home and take cash out up 95% loan to value. 
