FHA Loans - FHA Fixed Rate Mortgage Programs

Fixed rate loans are FHA's most popular type of loan. These loans are fully amortized and have no pre-payment penalty.

FHA offers the following terms for the fixed rate real estate mortgage program.

• 30 year
• 15 year 

All FHA loans can be paid off or refinanced at any time.  They are assumable but subject to loan qualifying.

This type of loan can be used for any of the following types of properties.

• single family home
• 2 units - duplex
• 3 units - triplex
• 4 units - fourplex

The maximum FHA loan is subject to where the property is located and they type of property.

Learn about what a FHA loan will require of you when Loan Qualifying