FHA mortgage loans are issued by federally qualified lenders certified by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.
You can utilize the FHA streamline refinance program without the requirement of an appraisal so even if you owe more than the home is worth you can refinance to a low fixed rate.
Lower your existing mortgage insurance and reduce your payments.
Most of these loans will be done with very little costs to you. They are easy to qualify for. Ask one of our loan originators for more information.
FHA loans are an attractive option, especially for first-time homeowners.