What an FHA loan does.  FHA guarantees to the mortgage company, your lender, the amount of the loan you are obtaining.  A FHA loan requires at least 3% down of the purchase price of the home you have chosen. A …

To start searching for a 15 yr fixed mortgage rate you can start on the internet.  Just type in “15 year fixed mortgage rates?  Then you can pay off your home in a short amount of time.  Beats 30 years …