FHA 15 Year Fixed

The FHA 15-year loan lets you own your home faster with lower rates, smaller payments, and just 3.5% down. It’s the smart choice for quick, affordable homeownership!

Why Choose an FHA 15-Year Loan?

The FHA 15-year loan is perfect for buyers looking to pay off their home quickly while enjoying lower interest rates and reduced monthly payments. With only 3.5% down, it’s an affordable option for first-time homebuyers or those seeking to save on interest over time. If you're eager to build equity faster and secure long-term financial freedom, this loan gives you the stability of an FHA mortgage with the added benefit of quicker homeownership.

Benefits of an FHA 15-Year Loan:

  1. Lower Interest Rates: Enjoy competitive rates that save you money over time.

  2. Faster Equity Building: Pay off your home quicker and build equity faster.

  3. Lower Monthly Payments: Smaller monthly payments compared to longer loan terms.

  4. Low Down Payment: Just 3.5% down makes homeownership more accessible.

  5. Lower MIP: Enjoy reduced private mortgage insurance (MIP) costs with a shorter loan term.

  6. Stability: Fixed terms and payments provide long-term security and predictability.

 

 

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Who is the FHA 15-Year Loan a Good Fit For?

The FHA 15-year loan is ideal for:

  1. First-Time Homebuyers: With just 3.5% down, it’s a great option for those entering the housing market.

  2. Buyers Who Want to Pay Off Their Home Faster: If you're looking to build equity quickly and become debt-free sooner, this loan is perfect.

  3. Those Seeking Lower Interest Rates: It’s a great choice for buyers who want to minimize interest costs over the life of the loan.

  4. Homebuyers with Stable Finances: If you have a steady income and can comfortably afford higher monthly payments, the 15-year term offers significant savings in the long run.

  5. Those Wanting Lower PMI: The shorter loan term results in lower PMI costs, making it ideal for those looking to save on mortgage insurance.

Low Rates, Less Time

Looking to get started on a shorter term loan?

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