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More2lend REALTOR HOME FHA PROGRAMS & GUIDELINES FHA PURCHASE PREQUAL FHA REFINANCE DOWN PAYMENT ASSISTANCE FHA RESOURCES

FHA Rate Updates for 11/21/2008

FHA ProgramRateAPR
30 Year Fixed6.500%6.799%
15 Year Fixed6.000%6.487%
5/1 ARM5.750%4.591%
3/1 ARM5.250%4.213%
APR based on 3.0% down payment on a $300,000 sale price

FHA
Purchase Assistance Program


FHA Purchase Assistance Program

1.0% Borrower Closing Cost Credit
(FHA Purchase loans)

  • 3.0% Down to $729,750
  • 0 Down with Approved Down Payment Assistance Program
  • Funds may be 100% Gift for Down Payment and Closing.
  • Up to 6.0% Seller or Lender Credit okay!
  • No Pre Payment Penalty

We Offer Down Payment
Assistance Programs!

Locked out of homeownership? FHA

 


FHA Resources

  1. FHA Refinance Comparison Matrix (PDF)
  2. FHA Underwriting Guidelines (PDF)

Down Payment Assistance (FHA)

  1. Nehemiah Program: Seller Agreement
  2. Gift Letter: Buyer Agreement
  3. Nehemiah Program: Q&A

If you have any questions, please send an e-mail to: FHA@more2lend.com (or) contact us at 800-310-7577.

 

FHA Loan Prequalification
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FHA Loan Prequalification
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FHA Loan Approval
within 24 hours

 

 

 

 

 

M&H Partners, Inc. DBA More2Lend Financial
HUD FHA Approved Lender # 1931000001
Licensed Real Estate Broker, California Department of Real Estate #01325622
Broker of Record: Joseph M. Moore

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