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Alfredo Said:

What are some current really good FHA mortgage lenders. Im in the state of Tennessee.?

We Answered:

Quicken Loans is one of the largest FHA lenders in the U.S. Their rates are among the lowest and if you don't have any credit problems they are who I would recommend. If you are outside the box, like self employed, can't show income, marginal credit. or where you down payment came from then it might be better to go through a mortgage broker that specializes in problem loans. They cost more, but they do a lot more work.

Marsha Said:

FHA Mortgage loan help please?

We Answered:

Shopping around can't hurt. Look at smaller local banks and credit unions, they often offer better rates because they are in for the long haul on the loan, not just looking to sell the loan as part of a mortgage-backed security.

Did he quote you that rate, or was the lender just making a general statement?
5.75% isn't bad, really.