What is a Fixed-Rate Mortgage?

FHA Mortgage Insurance in Relation to HUD 232 Loans

Fixed-rate mortgages have monthly payments with interest rates that do not change. All HUD 232 and HUD 232/223(f) loans are fixed-rate, which decreases risk and uncertainty for borrowers.

To learn more about HUD 232 loans, fill out the form below to speak to a HUD/FHA loan expert.