FHA Secure Mortgage Refinancing

Until recently FHA mortgage loans have been slipping into obscurity. Congress has even been talking about doing away with the FHA program; however, the recent meltdown of the sub-prime (bad credit) mortgage industry has brought FHA insured mortgage loans back into the spotlight. President Bush has proposed expanding the FHA program this year (FHASecure) to assist homeowners that are struggling with Adjustable Rate Mortgages they cannot afford. If you are considering refinancing your home with an FHA insured mortgage loan here are several tips to help you decide if this type of mortgage is right for you. FHA mortgage loans are insured by the Federal Housing Administration. The FHA does not lend money; they simply insure your debt. If you qualify for an FHA mortgage your loan will be fun