– View current FHA mortgage rates. We guarantee we'll beat any bank's rate or we' ll give you $1000. No closing. 30 years. monthly principal & Interest Payment
Also FHA loans are assumable loans; this may be a particularly good future resale point if the borrower would have an existing low interest rate on the home they are selling. That interest rate and mortgage balance can be assumed by a new buyer. Conventional fixed rate loans do not offer this feature.