The FHA Mortgage Company provides 30 year fixed rate loans with no pre-payment penalty so that you can get a no cost streamline refinance loan if the interest rates drop again. Thirty year terms offer low monthly payments and because the interest rates are fixed, borrowers do not have to worry about their mortgage payment rising.
In 2008, our lenders recommend fixed interest rate loans with thirty year amortizations. With inflation concerns, many economic advisors are suggest that the Fed should start increasing rates again, so the low rate era could disappear again.
Finance with a FHA home Loan from the Mortgage Experts for 1st Time Homebuyers!
|FHA Home Mortgage Loans offer government loan solutions with low rates and fixed term options.