Rate and Term Refinancing with FHA

No cash back is allowed with FHA streamline loans and you must already have an FHA mortgage with your current 1st mortgage. You will enjoy the automated loan process that FHA streamline loans provide. Take a minute and find out how much you can save with a fixed FHA mortgage rate for 30-years.

FHA Streamline Refinance for the Lowest FHA Rates

We are an FHA lending company that specializes in FHA streamline refinance loans. Our lending team understands the needs of FHA borrowers and how FHA streamline refinancing works, so you will get the best mortgage rate and great advice to maximize the FHA loan programs.

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Nov
17

FHA Loan Reserves Get Low

By admin

Today FHA insures 685 billion in mortgage liens.  The US Congress mandates that Federal Housing Administration uphold cash reserve requirements which are equal to two percent of this amount. The existing FHA reserves total approximately a half percent which equates to$3.6 billion. Many people will look to FHA for first time home buyer programs. The sub-prime lending crash in 2006 and last year’s government bailouts of mortgage giant’s Fannie Mae and Freddie Mac have polarized the FHA loan program and made the FHA mortgage lending products more vulnerable.  Will FHA need a bailout package from Congress? Only time will tell, but the fact that they continue to have to raise mortgage insurance premiums is not a good sign.

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