What are FHA Loans?

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Ready to purchase or refinance a home without much equity? Learn about some of the pros and cons of FHA financing.

FHA loans are a low money down home financing solutions insured by the Federal Housing Administration that can be a great financing for customers who qualify. You can check current FHA loan rates using the survey on this page. Simply select FHA mortgage rates from the product selector and contact several of the FHA mortgage providers for a customized quote. Typically, FHA mortgage rates are close to that of conventional conforming rates and may even be better under certain circumstances. As of January 1, 2009, borrowers can finance 96.5% of the purchase price or appraised value (whichever is lower). This means that the customer is responsible for putting down 3.5%. Be sure to ask your mortgage professional about what type of funds may be used for the down payment.

Popular FHA Home Loan Programs:

  • 30 Year FHA Loans
  • 15 Year FHA Loans
  • 5/1 ARM FHA Loans

FHA Loan Rates Online

FHA mortgage rates can vary due to multiple factors including the state that the subject property is located in, the loan amount, a borrower’s credit scores and other variables. Bankrate.com, the company that puts together the rate table on PriceAMortgage.com does not show FHA interest rates at this time. You’ll need to contact the various mortgage lenders and brokers directly in inquire about their FHA financing solutions.

Looking for a conventional loan? You can use the rate table below to research pricing. Note that FHA mortgage rates are not included in the table. You will need to contact the various companies directly to discuss FHA rates and options.