– If you’re considering a 30-year fixed-rate FHA mortgage, the most common type of mortgage for first-time home buyers, my rates are unbeatable.Whether you’re just starting to shop for a home loan or you’re ready to get pre-approved, I’ll give you all your FHA mortgage options, including no closing cost options.
Loan Calculator Fha For example: Place a retirement widget in a savings or retirement article or home page. Place a personal loans widget in story pages related to starting a small business, buying a car or home,
FHA loan requirements and qualifications. Loan amount – FHA home loans have maximum mortgage limits that vary by state and county.; Down payment – FHA loan guidelines require a minimum down payment of 3.5 percent.; property condition – FHA loans require that the home being purchased meets certain conditions and is appraised by an FHA-approved appraiser.
FHA Loan: Rate is fixed. The payment on a $203,500, 30-year fixed rate loan at 3.50% and 76.22% loan-to-value (LTV) is $1045.98 with 2.125 Points due at closing. Payment includes a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and a monthly MIP calculated at 0.80% of the base loan amount.