FHA Fixed Rate Home Loan

These Fixed Rates loans are the most common type of loan issued by the FHA. There is no pre-payment penalty and the loans are fully amortized. A FHA fixed rate loan lasts a 30 year or 15 year term and the loans may be refinanced or seen through.

A FHA fixed rate loan may be used for these property types:

• Single family
• Duplex
• Triplex
• Fourplex

Benefactors are accepted based on FHA loan requirements. A maximum loan sum is allocated to designated areas in states and counties in the U.S.

See other Texas FHA Loan types and Fixed Rate Loans.