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FHA Loans

FHA loans are great for borrowers that have less then perfect credit or have been faced with a recent foreclosure. This is a list of the mortgage lenders that have the fastest closing and lowest interest rates for your FHA Loan Each lender we have carefully reviewed for many factors that are important to anyone needing an FHA loan and need to close as soon as possible.

SpeedTrack Loans

Quicken

Loans

Bank of America

Wells

Fargo

CitiMortgage

ING Direct

We will be adding additional FHA lenders with the lowest interest rates for your mortgage after we do more reviews of their customer service and quality. If you are thinking of researching mortgage lenders with the lowest interest rates you have come to the right place.

Please review the list of lenders below which we have found to have the lowest interest rates for your FHA loan, home refinance or first time home purchase and any kind of low interest rate mortgage available from the world's leading lenders. After viewing the table below click on the link that says "Get a Quote:" and you will be taken to a form where you can fill it out and get a mortgage quote from the top rated lender in just a few minutes. A mortgage lender will instantly send you back a web page with your quote or they will contact you directly with their lowest interest rate offer. We will help you select which lender is offering you the lowest interest rate on your mortgage.

Get a quote from the top rated provider for FHA Loans and get the lowest interest rates and closing costs

possible

Best Mortgage

Rates Rating

FHA Loans Rating

Time to get an interest rate quote

Closing costs

on fixed and variable rate home mortgages

Interest Rate on

home mortgage loans (changes daily)

SpeedTrack

Loans

Read Review

Rating - 5 stars

Top Rated

Less then 2 minutes

Lowest

Lowest

Get a Quote

Quicken Loans

Read Review

Rating - 4.5 stars

Excellent

5 minutes

Medium

Low

Bank of America

Read Review

Rating - 4.4 stars

Very Good

10 minutes

Medium

Low

Wells Fargo

Read Review

Rating - 4.3 stars

Very good

10-15 minutes

Low

Low

ING Direct

Read Review

Rating - 4.1 stars

Very Good

10-15 minutes

Low

Low

CitiBank

Read Review

Rating - 4.0 stars

Good

10-15 minutes

Medium

Low

FHA Loans

There is little or no adjustment to the interest rate for an FHA loan, as the rates vary within .125 percent of a conventional loan.
Mortgage insurance is funded into the loan, meaning a premium of 1.5% is added to the loan balance instead of being paid out-of-pocket. In addition, a small portion for the mortgage insurance premium is added to the monthly payment, but it is far less than private mortgage insurance premiums.
As of January 1, 2009, Borrowers can finance 96.5% of the purchase price and put down 3.5 percent. In some instances, when combined with other types of loans, the down payment can be zero.

Fixed Rate Mortgages

All lenders shown on the best mortgage rate site offer both fixed rate and variable rate mortgages. You should decide on which option is best for you before starting your application. Interest rates can vary by location. Select the closest city or enter the ZIP code for where you're looking to get a mortgage quote that fits your geographic location

Help with your online application

To get an estimated payment enter the approximate amount you plan to borrow. Rates are quoted on expectation of either a 5% or 20% down payment.

At your service

You will get company reviews, rankings, and ratings. Both lender and servicing companies are reviewed and included contact information as many people need to contact theses companies for a new loan or to work out loan modifications.

We do Business in Accordance with Federal Fair Lending Laws

UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18), TO:

Deny a loan for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling, or to deny any loan secured by a dwelling; or
Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan, or in appraising property.

IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO:

Assistant Secretary for Fair Housing and Equal Opportunity
Department of Housing and Urban Development
Washington, DC 20410
For processing under the Federal Fair Housing Act

AND TO

Office of the Comptroller of the Currency
Customer Assistance Unit
1301 McKinney Street, Suite 3450
Houston, TX 77010-9050