What lender has the lowest FHA interest rates in Houston area?

Your focus should not be on the interest rate, but rather the entire loan quote.. I can offer you 2.75%, but you might have to pay 5% in discount points to get there.. conversely, I could offer you 3.75% and GIVE you a credit of 2% towards your closing costs.. the higher rate actually would represent a better deal.. When it comes to shopping ror a loan, I always suggest you contact a LOCAL mortgage broker and apply with them. Once they see your complete loan scenario, they can put your quote in writing so there is no miss communication. By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Everyone... You see, the market doesn't really work that way. All lenders get their money from the same source on the same day at the same time. FHA is FHA, so the rules are essentially the same with everyone. Finally, all lenders have to cover the same closing costs and third-party fees. Just contact a local mortgage broker down the street. You should be fine. AVOID the large banks, and STAY as FAR AWAY from the big internet lenders as you can - especially the really "quick ones".