or At 5% APR how much can I borrow over 10 years?’ You can even adjust the mortgage amount, interest rate, mortgage period and more to see which financial options fit your needs.?” Now Yahoo is.
Pros And Cons Of Fha And Conventional Loans How Do You Get A Fha Home Loan If you have a loan where you can’t drop the MI, you should look into refinancing into a conventional loan. Although your fha note rate may be lower than today’s conventional loans, you have to take the permanent mortgage insurance into account. Even if you have a note rate of 3.5%, FHA MI of 1.35% gives you an effective rate of 4.85%.How To Get An Fha Loan With Bad Credit How to Get an FHA Loan in Five Steps. Getting a mortgage loan is a process. Follow these steps to get an FHA loan: 1. Find FHA-Approved Lenders. If you meet the FHA guidelines for a loan, locate FHA-approved lenders. Many banks, credit unions and mortgage brokers are FHA lenders and you can search for one in your area via the HUD lender list.