Government Backed Loans | FHA Secure Loans |

Government Backed Loans | FHA Secure Loans

How many of you are on the fence right now about whether or not your should refinance or BUY that new home?'

It seems folks across the USA are paralyzed with economic fears.

The most important thing to most people is security and that is why it is even more important right now to get out of an adjustable mortgage and into an fixed rate mortgage.

On Government backed loans, you can cash-out up to 95% of the equity in your property.
By doing so, you can put this money into a savings account for added security in this volatile market.

Why would you do that?
Will your payement go up?

Your payment won't necessarily go up, especially if you are getting a lower interest rate on your refinance. Most adjustable mortgages were financed through sub-prime lenders and the interest rate was much higher. On a government backed loan interests can be considerably less than what you are currently paying.

This is a great market to BUY your dream home because on a government backed loan you only need 3% down and that can come from a gift and the seller can contribute up to 6% of your closing costs. This is a buyers market and most sellers are very willing to pay for your closing costs just to get the home sold.

Now that the market has almost hit bottom you will be able to buy a home you can finally afford. The home values are no longer inflated and out of reach.

Do not live in fear, know that there are options and great programs available today.
You simply need to inquire and state what your needs are.

Call me today and I can answer your questions and help you off that fence.

Mike Minichiello
http://www.FHASecuredLoans.com
1-888-660-Mortgage