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FHA Mortgage Loans

Get a Great Deal on an FHA Loan with AAXA Discount Mortgage

Thanks to the Federal Housing Administration and FHA Loans, many middle class citizens, military veterans, lower income individuals, and the elderly have been able to enjoy the benefits of homeownership. FHA loans provide an opportunity for those people who have not been able to save money for a large down payment to still purchase a home without having to absorb higher interest rates. These loans are also ideal for people who have had credit issues in the past but are on the right track toward improving their credit history. AAXA Discount Mortgage is pleased to have partnered with some of the most competitively priced FHA lenders in the Country to provide great rates and service to our clients. If you are in the market for an FHA purchase loan or an FHA streamlined refinance or FHA cash-out refinance, AAXA can help. Give us a call today at 877-RATE-LOW (877-728-3569) for a free rate quote and consultation.
Request an FHA loan rate quote online or call 877-728-3569 and ask for an FHA loan specialist.

AAXA is pleased to be able to broker FHA loans in the following states:

Alaska, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Massachusetts, Michigan, Missouri, Minnesota, New Mexico, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, and Washington

FHA Loan Benefits (subject to change)

Both fixed rate and adjustable rate mortgages are available
Up to 97% financing available for qualified borrowers (3% down)
100% of closing costs may be a gift from a relative, non-profit or a government agency
Mortgage insurance is typically one half of what it would be with a conventional loan. This insurance usually drops after five years or when the loan balance reaches approximately 78% of the value of the property
Looking to refinance an FHA loan? Then, you may want consider a standard FHA refinance or an FHA Streamlined Refinance. FHA streamlined refinances help lower third party costs and reduce the amount of paperwork needed for refinance transactions. With a Streamlined Refinance, there is typically no need for an appraisal, income verification, or credit checks. To qualify, you must already have an FHA loan that is in good standing and the FHA Streamlined Refinance must lower your monthly payment. You can do a cash-out refinance with a standard FHA loan but you cannot take cash-out with an FHA Streamlined Refinance. Ask your AAXA Loan Advisor to see which FHA mortgage product best suits your needs.
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