Best Interest Rate FHA Refinance Mortgage Loan Limits In New Castle County Delaware Raised to $420,000! 

If You Want or Need to Refinance, NOW Would Be The Time to DO IT!

Cash Out Refinance Best Interest Rate FHA Mortgage To 95% Loan To Value

Purchase Up To 97.75% Financing With Best Interest Rate FHA Mortgage

With an FHA best interest rate loan from Wilmington Mortgage you can refinance to 95% LTV and and use some of your equity to pay down debt to a more managable level, especially credit card debt. Most credit cards these days have an extreamly high rate of interest that is NOT TAX deductable. You can use the equity in your house to pay them off.

Some of the other benefits of Best Interest Rate FHA Home Mortgage Financing:

• Only a 2.25 percent down payment  minimum required depending on credit score.
• Closing costs can be provided through Down Payment Assistance programs like AmeriDream, and require very little in the way of funds from the borrower at closing.
• Lower monthly mortgage insurance premiums than conventional loans that are TAX Deductable (consult your accountant) just like mortgage interest, and under certain conditions, automatic cancelation of the premium when the equity reaches 22% in the home.
• More flexible underwriting criteria than conventional loans. FHA limits the amount lenders can charge for some closing cost fees (e.g. the origination fee can be no more than 1% of mortgage).
• Loans are assumable to qualified buyers.
• FHA with up to 97.75% financing with only 2.25% down payment is the perfect home loan when
• buying or refinancing your Home!
• phil@wilmingtonmortgagegroup.com