Our mission is simple: if you are interested in securing an FHA loan so that you can purchase a new home, or refinance an existing loan, we want to connect you with the appropriate lender from our network. How do we accomplish this mission? By pre-qualifying visitors with a series of simple questions. Once we have answers to those questions, we can connect you with the lender who is right for your specific needs and situation. Our proprietary network of lenders will work with you to secure a government-insured FHA loan regardless of your credit history or any other issues that can sometimes be preventative.
Our lenders can provide assistance in all of the following situations:
No matter what your situation may be, we are confident we can match you with the right lender to help you make a decision about buying or refinancing your home.
We offer a NO FEE competitive quote experience. FHALoanLock.com does not charge any kind of fee for the service of matching borrowers with lenders.
An FHA loan is a loan made by an FHA approved bank that is FHA insured. FHA loans are typically one of the easy home loans to qualify for. FHA Loans typically allow for bad credit mortgage approval as long as the borrower has the means to repay. That being said, programs recently announced by HUD now allow for FHA Streamline Refinancing. An FHA Streamline Refinance requires no verification of employment, no verification of income, no minimum credit score, and no appraisal. So why does FHA offer this? They want homeowners to have lower interest rates and lower payments so they can avoid foreclosure and stay in their homes. (Remember the FHA isn’t the bank they are the insurer. The lower your payment, the easier it is to make, which makes for a safer investment for the FHA.) Take advantage of this program or others available today. Lower your mortgage payment on your current mortgage or new home purchase and save money.
These two government loan programs are very different. FHA Streamlined Loans are for homeowners with a traditional loan through a bank. The HARP loan program is designed to help borrowers with loans that are owned by Fannie Mae or Freddie Mac. Regardless of who owns your loan, there are many options available for a better rate even if you owe more than your home is worth or have bad credit. If you are looking to purchase a new home or refinance your existing home and would like to get a rate quote online or for the best mortgage rates start by selecting “get my free quote” above. At FHALOANLOCK.COM we provide you with your available options within seconds of receiving your “one minute snapshot”. You could be just seconds away from a better rate, a lower payment, and an easy loan approval. Start your search now!