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FHA loans can make your home buying dream a reality with competitive rates and a low down payment.

FHA Mortgage Loan Rates

June 23, 2018
FHA Rates for June 23, 2018
Offering 30 Year Fixed Mortgages
Offering 15 Year Fixed Mortgages
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The Path to Homeownership
FHA.com is a private company, is not a government agency, and does not make loans.

FHA Loans for Home Buyers

Getting Started on Your Home Loan

When you begin to seriously consider purchasing a new home it is important that you follow some simple steps to make sure that the process runs smoothly.

Analyze Your Debt-to-Income Ratio

This will let you know what type of home you can afford based on your monthly income and expenses. The next important step in purchasing a new home is to get pre-approved for a home loan. The peace of mind that comes with knowing that your mortgage loan and credit report have been approved will allow you to shop for your new home with confidence. And when you find a home and are ready to make an offer the fact that you have already been pre-approved for your loan amount will give the seller confidence in you as a buyer.

FHA Tips for Home Owners and Home Buyers:

Useful information about FHA refinance loans, new FHA loans, and the guidelines that HUD wants you to follow.

Today the mission of the FHA includes helping borrowers get amounts they qualify for, and assisting lenders by reducing their risk in issuing loans.

If you have had credit problems in the past, the FHA recommends a Consumer Credit Counseling program to avoid being denied an FHA loan.

If you submit FHA paperwork electronically, the FHA TOTAL Scorecard is used to measure the credit risk of all FHA loans submitted through the automatic underwriting system.

The FHA asks for a lot of information on your FHA loan application. You will need to provide the FHA with a wide range of details.

The FHA asks that veterans submit the DD Form 214 along with their FHA loan application paperwork. The DD Form 214 is the official record of discharge from the Armed Forces.

If you have an FHA loan or HUD insured mortgage, you may have paid an "up-front" mortgage insurance premium at the closing of your house.

The 203(b) FHA Fixed Rate Mortgage Loan Program is the widely used FHA home loan, especially among first time home buyers.

FHA loans do not come directly from the FHA. The FHA guarantees home loans, reducing the risk to lenders and offering increased borrowing power to qualified applicants.

To pre-qualify for this mortgage, you should be ready to demonstrate employability, job stability and reliability.

In early 2006, a HUD press release announced an increase of nearly thirty thousand dollars in FHA-insured home loan money being made available to borrowers for single-family home mortgages.

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FHA Loan Articles and Mortgage News

FHA Loan Options to Build or Buy

June 6, 2018 - How many FHA loan options to build or buy are out there for those who need a new home? The number and type of options may surprise you. FHA home loans can be used to buy condo units, mobile/manufactured homes, existing construction properties and also new construction.

FHA Home Loan Rules for Closing Costs

June 2, 2018 - Closing cost guidelines come into play regarding what expenses are considered part of the borrower’s required cash to close. Closing costs can include a lender’s origination fees, pre-paid items such as per diem interest, and discount points where applicable.

FHA Mortgages for Disaster Victims: Basic Qualifying Information

May 30, 2018 - What are the FHA loan rules for 203(h) mortgages for disaster victims? HUD 4000.1, the FHA Loan Handbook, has the basic rules and requirements for these loans which are made available to those recovering in federally-declared disaster areas.

FHA Home Loan Applications and Credit Freeze Issues

May 23, 2018 - A credit freeze is something used by victims of identity theft to prevent new credit accounts being opened in the name of the victim. When the borrower is ready to open any new line of credit, it will be necessary to reach out to all the agencies the credit freeze was initiated with in the first place.

Down Payment Rules for VA One-Time Close Loans

May 19, 2018 - There is a big difference between FHA One-Time Close (OTC) construction loan program and the VA One-Time Close version. FHA OTC loans require a down payment, while VA mortgage loans allow qualified borrowers the option of a zero-money down construction loan.

FHA.com Reviews

FHA.com is a one-stop resource for homebuyers who want to make the best decisions when it comes to their mortgage. With our detailed, mobile-friendly site, individuals can access information about different FHA products, the latest loan limits, and numerous other resources to make their homebuying experience easier. Take a look at some of the reviews from other FHA.com visitors!