Houston Refinance: FHA Loan

Houston Refinance: FHA Loan

Contact me, Frank Zhu, and let me help you find the lowest rate in Texas when it comes to mortgage. I’m bilingual in English and Chinese. Give me a call at 512-919-0154 for your mortgage needs.

If you live in Austin | Houston | Dallas please call Frank Zhu for your custom Good Faith Estimate.

Frank Zhu:  512-919-0154

frank@mylendingplace.com

So snow and ices are currently covering 30 states across the nation. Stay warm and safe!

Looking for a new home? Could not qualify based on conventional loan’s guidelines?

You might be qualified to buy a home using FHA government loan if you are a first time home buyer. With so many foreclosures now being released by the banks, you get your pick of the litter from all those inventories.

The minimum credit score is 620 for FHA loan and you only need to pay down 3.5%. Although there will be a 1% funding fee with and 0.75% mortgage insurance for LTV greater than 80%, this is still a great deal for people without the best circumstances.

The current rate for a 30 years fixed FHA loan is at 5.0% depending on your credit score.

We also offer “no cost” refinance. Contact me, Frank Zhu, and let me help you find the lowest rate in Texas when it comes to your mortgage. I’m bilingual in English and Chinese. Give me a call at 512-919-0154 for your mortgage needs.

Austin Refinance | Dallas Refinance | Houston Refinance | El Paso Refinance