FHA Lenders
Approved FHA Lender for FHA Mortgage Lending

FHA lenders provide home lending that enables homeowners with bad credit to refinance with a low fixed rate loan. FHA mortgage lending has expanded greatly since its inception in 1934. Millions of consumers have become homeowners with FHA home loans. Recently FHA lending has opened the door for borrowers to refinance their home and take cash up 85% of their home’s value.  Thousands of sub-prime borrowers flocked to the FHA lenders so that they can lower their payments and lock in a fixed interest rate for their first mortgage.  Unfortunately the risky lending caused FHA defaults to rise and FHA reserves dwindle. When you are looking for government home buying and refinancing solutions search for an Approved FHA lender like us.

Connect with FHA Approved Lenders Offering Superior Service and Reduced Rates
FHA rates continued to fall all year, but will the interest rates start rising in 2011 and 2012?  HUD continues to increase the risk for FHA mortgage companies as lenders are being held more accountable than in previous years. We suggest you work with FHA lenders that have the experience and knowledge you need to successfully navigate through the mortgage maze. We look forward to the opportunity to earn you financing business.

FHA Lenders Provide Helpful Advice

In 2010, HUD revised the FHA lending spectrum with new FHA requirements for Approved FHA lenders and revised FHA guidelines for borrowers looking to refinance or buy residential properties in the United States. FHA Lenders were issued a temporary increase for FHA loan limits in high cost areas.

• FHA Lenders were required to have a higher net worth and an increased capital reserves
• FHA introduced new appraisal requirements for FHA loans
• Down-Payments for FHA Home Buying Increased to 3.5%
• No Financed Fees on FHA Streamline Programs
• FHA Lenders raised credit score requirements

The interest rates for FHA refinance and home purchase loans remain competitive and comparable to conventional Fannie Mae mortgage rates. According to the official FHA blog, no lending product has been more valuable than the FHA Loan Program.

Rate & Term Refinance with FHA Mortgage

As the foreclosure crisis continues to hit home, more and more Americans are searching for mortgage relief opportunities. Ask your loan officer about new FHA initiatives that may be applicable.

Check out our blog for breaking FHA news. You will find anything related to FHA lending here.