Qualifying For Fha Loan Qualifications for a FHA Mortgage. Qualifying for a reverse mortgage through a FHA-approved lender is somewhat different than qualifying for a regular home mortgage. These are some of the qualifications, listed by HUD: You must own your home outright or have considerable equity in the home

On August 30th, 2019, the average rate on the 30-year fixed-rate mortgage is 3.83%, the average rate for the 15-year fixed-rate mortgage is 3.43%, and the average rate on the 5/1 adjustable-rate.

203 B Fha Loan the FHA loan program is able to offer down payments to borrowers at less than 4 percent. You can use FHA financing to purchase or refinance a home, remodel your home or make energy-efficient.