The MRP mortgage team posts FHA interest rates daily for potential borrowers with good and bad credit searching for home financing options online. It's hard to believe but FHA mortgage rates fell again, so qualified applicants can lock in a thirty year fixed rate mortgage at 4.125%. FHA mortgages have become popular again because borrowers who have little equity or poor credit can qualify for competitive FHA interest rates even though they have bad credit scores. The FHA lending parameters are more forgiving than traditional lenders as fico scores are not factored into underwriting and are not part of the approval process. Bad credit does not need to mean bad mortgage rate anymore. FHA extends a new opportunity for borrowers with a low credit scores. This bad credit mortgage can help improve their credit while facilitating an affordable housing solution.
We will refer you to lenders who are licensed and approved to offer FHA home loans for purchase and refinancing. If you want a home loan fast and easy, we've provided a simple loan quote form. Your mortgage payments can be fixed for the life of the loan. Lock Your 1st Mortgage Rate Today.
- FHA rates ensure competitive interest rates
- Fixed Rate Low Monthly Payments
- FHA Loans up to 96.5% LTV!
- Low Credit Scores Allowed
- Consumer Late Payments OK
- Medical Collections OK
- Past Bankruptcy OK
- If your credit has suffered in the past this loan may be for you!
3% Down FHA Home Financing
If you are looking at buying a home with No Down Payment or accessing the equity in your existing home.. Our Loan officers will then contact you to obtain additional information and to discuss loan programs with you.
Mortgage Rates Plus offers the best interest rates for residential financing online! Start the process now with a free mortgage rate quote, and free loan application with no initial credit check. Choose from a variety of mortgage rate options offered by the top lending financiers in the mortgage industry.
With mortgage rates going up regularly it make sense to lock into a fixed rate loan today!
Take advantage of this FREE lending service with no obligation.
* FHA Rates mentioned are for 15 or 30-day rate locks. FHA interest rates are subject to change and rates, APRs, and closing costs can be ascertained from the loan officer.
With FHA 5/1 rates falling below 3%, many home buyers are considering the 30-year fixed loans. Many consumers have been in a hurry to get approved before the loan limits change this month. - Read 2012 FHA Loan Limits
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