Home buyers love FHA loans, an institution that has been around since the 1930's.  Basically, FHA insures loans, and this insurance helps reduce the risk lenders may face should the buyer default.  Whether you are buying or are considering refinancing an existing home, the current rates are another positive aspect of an FHA loan, where rates have been observed to be hovering between 3.75% to 4.00%.  The FHA allows for blemishes in credit history, for those who have had challenges in FICO, bankruptcy, or foreclosure.  This coupled with competitive rates and current prices are another reason why home buyers love FHA in the Lacey and Olympia communities, as well as in communities near Joint Base Lewis McChord, which is bringing new buyers into the community every day.  If you are contemplating getting off the sideline, start by contacting your friendly RE/MAX broker & by pre-qualifying through an excellent loan officer like the one here at servingwateam site.

 

Vicki

 

http://vicki.servingwateam.com