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FHA LOANS - The Most Popular Mortgage
December 2009 - FHA Loan applications to exceed 3,000,000 for FY 2009, up from 1,700,000 in 2008.
FHA Home Loans have surged in popularity because more and more people are turning to the security of FHA government insured fixed-rate mortgages. FHA Loans allow home buyers to purchase a home with a great, low interest rate and a small, 3.5% down payment. FHA Refinance Loans may also be use to refinance a current mortgage, up to 96.5% of the homes value, into a stable, fixed-rate FHA Mortgage.
What can an FHA Mortgage Loan do for you? Put simply, FHA Loans can be used to purchase a home with a small down payment or refinance a home to lower your interest rate, consolidate debt, take cash out, do a home renovation or for any other reason. Let ENG Lending help you navigate your mortgage options with these exciting, low FHA Loan Rates get the result you want: approval!
What are you looking to accomplish?

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