Low down payment
Qualified FHA borrowers may be able to purchase with a down payment as low as 3.5% of the purchase price.
FHA mortgage information and competitive pricing
FHA sets the program.
Lenders set the price.
FHA financing can offer a low down payment and more flexible qualification. But FHA mortgage rates, lender credits and closing costs can vary greatly from one mortgage company to another. We help you shop the pricing—not just the program.
Why an FHA loan can be a smart choice.
FHA loans were designed to expand access to homeownership. For qualified borrowers, they can combine a low minimum down payment with more flexible credit qualification than many conventional mortgage options.
Flexible qualification
FHA underwriting can accommodate borrowers with less-than-perfect credit or circumstances that may be harder to fit into some conventional programs.
Not just for first-time buyers
FHA financing can be available to eligible repeat buyers too. The home generally must be used as the borrower’s principal residence.
FHA Lender Rates and Fees Vary Greatly.
Choosing FHA does not mean every lender will offer you the same deal. One company may build much more compensation, overhead or margin into its pricing than another. That can show up as a higher rate, more points, a smaller lender credit, higher cash to close—or some combination of them.
Your interest rate
A lower FHA rate can reduce the principal-and-interest portion of your monthly payment. On larger loans, even a modest rate difference can add up quickly.
Your upfront costs
Points, origination charges and other lender-related pricing can vary. Looking only at the advertised rate can hide what you are paying to get it.
Your lender credit
A lender credit can offset eligible closing costs. Stronger pricing can sometimes produce a meaningful credit without pushing the rate unnecessarily high.
We are built to compete for your FHA loan on price.
LowLender takes a high-volume, low-cost approach and uses pricing to attract referrals. Depending on your loan amount and available lender pricing, a more competitive FHA offer can mean meaningful monthly-payment savings, thousands of dollars less in upfront costs, or a substantial lender credit toward closing costs. The goal is not simply to get you an FHA loan—it is to help you get a better FHA deal.
FHA financing for purchases and refinances.
The right FHA structure depends on your current loan, property, goals and eligibility. We can help you evaluate the available options and the pricing attached to them.
Low-down-payment financing for eligible borrowers purchasing a qualifying primary residence.
Refinance options may be available for homeowners who want to replace an existing mortgage with FHA financing.
Eligible borrowers with an existing FHA-insured mortgage may qualify for a streamlined refinance process, subject to FHA requirements.
Shopping an FHA loan means shopping the price.
Start securely, tell us what you are trying to accomplish, and we will evaluate the FHA pricing available for your scenario.
1
Tell us about your loan
Give us the information needed to understand your purchase or refinance, property and financing goals.
2
We review the pricing
We look at the available FHA rate, points, lender-credit and cash-to-close combinations for your scenario.
3
You choose the structure
We explain the tradeoffs so you can choose the FHA offer that best fits your priorities.
Before you choose an FHA lender, compare the deal.
Start securely or call us and see what competitive FHA pricing could look like for you.