FHA Mortgage News

FHA Mortgage Loan Services offers local home financing news and government loan updates for consumer education. FHA has been headlining mortgage news for the last two years. After the sub-prime crisis, FHA became the savior for most mortgage brokers. Congress finally passed the economic stimulus package that increased loan limits nationally and expanded the FHA secure program to help prevent foreclosures.

• FHA Secure Provides Fixed Rate Options for Borrowers with ARM’s

• Down-Payment Assistance Approved with Gift Money Allowed

• New Homebuyers Only Need 3% for Down-Payments

• Mortgage Insurance Remains Tax Deductible

• FHA Home Purchase Enables FHA Streamline After 3 months

• Limited and Bad Credit is Allowed with FHA

The new government programs encourage consumers to purchase homes with a small down-payment, flexible credit guidelines and low interest rates that are fixed for thirty year terms. FHA Mortgage Loan Services offers mortgage refinance, home purchase loan quotes and fixed rate FHA loans with low interest rates.