Below is a list of our ongoing FHA guide, designed to help you better understand financing your home using a FHA Loan. With the recent problems suffered by subprime mortgage lenders, FHA loans are making a strong comeback as a useful alternative for first-time home buyers and home buyers with less than perfect credit. Learn more about FHA loans by reading some of our professional articles listed below, such as Types of FHA Mortgages, Who Qualifies for a FHA Loan, or FHA FAQ's. If our articles don't answer all your questions contact one of our qualified FHA loan specialists to get the answers you need about FHA loans.
If you are a first-time home buyer or have bought a home before and have less than perfect credit you have come to the right place. At Mortgage Loan Place our FHA home loan Specialists will take you through the loan process step-by-step and will even prepare a personal analysis for you. All you have to do is answer a few questions.
Because it's an FHA loan, lenders will offer you lower, more affordable rates because the FHA insures lenders, so they have less risk by taking you on as a borrower. What this means for you is lower interest rates, and less money for a downpayment, which equals big time savings.