Quantcast

Many people use refinancing, and an FHA refinance can give you the same benefits as other loans. You can use the FHA refinance to lower your monthly payment, and pay less interest. Some people refinance to convert a 30 year FHA mortgage to just 15 years.

FHA Mortgage Loan Rates

April 22, 2019
FHA Rates for April 22, 2019
Compare 30 Year Fixed Mortgages
Compare 15 Year Fixed Mortgages
Use our mortgage calculators
to see what you can afford!
Get started one
Get started two
Get started three
Get started four
FHA.com is a privately owned website, is not a government agency, and does not make loans.

Compare Rates!

FHA Loans are a good choice for home purchase and refinance loans.

Choose a Loan Type

then
get
your

Your Credit Score

Do you know what's on
your credit report?
Get Credit Score Button
Get Credit Score Button
FHA.com is a privately owned website, is not a government agency, and does not make loans.

Are There Advantages of FHA Refinancing?

FHA Common Question #30

Refinancing your FHA home is a big decision, but one that can yield profitable results if handled correctly. Many people use refinancing, and an FHA refinance can give you the same benefits as other loans. You can use the FHA refinance to lower your monthly payment, and pay less interest. Some people use the FHA refinance to convert a thirty-year FHA mortgage to a fifteen-year mortgage! This can build equity in your home faster than taking the thirty-year route.

Remember that an FHA streamline refinance-where the paperwork is reduced in order to speed the process-requires that you take out no cash on the mortgage, and the amount should be current and not delinquent. If you qualify for an FHA streamline refinancing package, you could be well on your way to higher equity and lower payments.

NEXT:  Can FHA Help Get Cash for Home Equity?

SEE YOUR CREDIT SCORES   From All 3 Bureaus  

Do you know what's on your credit report?

Learn what your score means.


FHA Loan Articles and Mortgage News

FHA Standards Versus Local Laws

April 15, 2019 - Some borrowers get confused over the differences in what the FHA home loan program will permit versus state or local laws that have a say in similar or identical areas. It’s easy to assume that FHA loan rules would override a local ordinance, but this is definitely not true.

FHA Condo Loans for Self-Employed Borrowers

April 13, 2019 - FHA condo loans allow financially qualified borrowers to apply for maximum financing of 96.5% and a 3.5% down payment. FHA loan minimums permit maximum financing and the lowest down payment for those with FICO scores 580 or higher.

FHA One-Time Close Construction Loan Rules to Know

April 12, 2019 - FHA One-Time Close construction loans are different than other FHA new purchase loans. There are some basic differences between new construction and existing construction FHA loans. Before we launch into those differences, it’s important to point out one very important aspect about this program.

Buying a Home With an FHA Loan? Ask Questions.

April 11, 2019 - If you are buying your first home with an FHA mortgage, there are some questions you should ask about the property you want to buy. Sometimes it only takes a little bit of information to help make up a potential homeowner’s mind, but knowing the right questions to ask is key.

Is the FHA One-Time Close Construction Loan Right for You?

April 10, 2019 - FHA One-Time Close construction loans are designed for those who want to have a home built for them from the ground up. Construction loan mortgages, especially FHA One-Time Close loans, are unique among mortgage lending products and have some distinct advantages.