FHA Mortgage Loans

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

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Short Payoff Refinance
The term Short Refinance refers to the occurrence of a lender refinancing a property typically for less than the current outstanding balance. It is essentially the refinance version of a Short Sale.
Streamline Refinance
The Streamline Refinance allows existing borrowers to reduce their interest rate without having to jump through hoops.
Adjustable Rate Mortgage (ARM)
An ARM is a mortgage with an interest rate that may vary over the term of the loan...
Fixed Rate Mortage
With a fixed rate mortgage, the interest rate does not change for the term of the loan, so the monthly payment is always the same.