Question by : What is the mortgage rate of a FHA 203k loan?
A HUD reconstruction loan.
Best answer:
Answer by Noneya
Is it a streamline or full blown 203K loan?
SL should be around 5.25% or so.
What do you think? Answer below!
One Comment
Trackbacks/Pingbacks
- Anna Thomas - Thanks for this information. I have a hard time finding good content related to fha information. I've heard this before.
Current FHA rates are right around 5.25-5.5% but 203K loans usually have a small hit to the rate and typically have a little more closings costs with them. I would be prepared for 5.375-5.675 for a 203K loan.