FHA 1st Time Home Buyer Loan Cash Refinancing for Remodel or Rehabilitation
The FHA guarantees home mortgage loans for first time home buyers with low money down and good mortgage rates and purchase terms. FHA home mortgages are insured by our government to stimulate home ownership with cost effective home financing.
97% FHA Mortgage Loan
First Time Homebuyer
95% Cash Refinance
Bad Credit Allowed
FHA Purchase Loan Rates are Low!
Down-Payment Assistance
Finance a New Home with only 3% down!
You will be happy when comparing FHA rates, with conforming and subprime loan terms and closing costs. First time homebuyers should consider FHA for financing because the mortgage rates are low and there is only 3% required for a down payment.
Nationwide Mortgages provides Americans with FHA home mortgage programs that have been successful bridging the gap from renting to owning a home.
With the help of our federal government, no-money-down mortgage loans still exist. Many 1st time home buyers are looking to FHA to finance the home they are looking to purchase.
FHA mortgage loans enable consumers to lock in a very low rate with only depositing 3% down for a new home purchase. FHA borrowers are allowed to finance the 1.5% mortgage insurance premium, so they do not have to come out of pocket.
FHA Streamline Refinance
If you aren't happy with the interest rate you got when you bought your home, don't worry because with FHA home loans you can streamline refinance your mortgage if the interest rates drop after you close on your home. There is no penalty to refinance at any time with FHA!
In most cases, FHA mortgage loans, offer as competitive an interest rate as conforming mortgages. If you are sick of being turned down because you have bad credit scores, give Nationwide a try, because we offer FHA loans to people with good and bad credit scores.
