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FHA Mortgage Rates, California ! Best FHA Mortgage Rates. 10 Best Companies. Rates Are At A 40-year Low. Best...


Is American Financial Network a direct lender?
We are a Direct Lender with delegated authority to underwrite, fund, and service Fannie Mae, Freddie Mac, FHA, USDA, VA, and Jumbo loan products in-house.

Best FHA Mortgage Companies and Rates 2021

Updated Rates for October 30, 2021
1
OUR
1
PICK
A+ BBB rating, 180K+ reviews
  • 100% online application available
  • Historically low interest rates, fast service
  • No login, no registration required
VIEW RATES visit New American Funding
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2
In business for 17+ years
  • Certified pre-approval process
  • No SSN for pre-qualification
  • Lock for up to 90 Days & Home Shop with Confidence
  • Conventional, FHA, & VA Loans
VIEW RATES visit AmeriSave
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3
No annoying lender calls or emails
VIEW RATES visit Credible
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4
No Closing Costs, No Fees
  • Personalized rate quote in minutes
  • 20+ years in business, A+ BBB Rating
  • Online application or live agents available
VIEW RATES visit WesLend Financial
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5
2nd Largest Non-Bank Lender
VIEW RATES visit LoanDepot
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6
HomeEquityQuiz
  • Easy way to Get Rates
  • Credit Needed: 600+ Fico
  • Loan Term: 10 - 40 Years
VIEW RATES visit HomeEquityQuiz
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Best Overall Choice:

1
OUR
1
PICK
A+ BBB rating, 180K+ reviews
  • 100% online application available
  • Historically low interest rates, fast service
  • No login, no registration required
VIEW RATES visit New American Funding
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The Best Overall Mortgage Lender for 2021

Overall, New American Funding takes the
1
spot for mortgage refinancing in 2021. You can get your customized rate quote in 3 minutes, for free.

The Standout Mortgage Refinance Company for 2021

1. New American Funding

  • Best for: Fast, honest, and fair mortgage refinancing
  • Impact to Credit Score to check rates: None
  • Time it takes to get rates: 2 minutes

New American Funding offers a simple, fast, and easy way to refinance your mortgage 100% online.

View New American Funding Offers

Average Annual Mortgage Rate Chart

YearAverage 15-Year Mortgage Rate
20212.20%
20202.61%
20193.39%
20184.00%
20173.38%
20162.93%
Data according to Freddie Mac

This table shows the annual average 15-year rate fixed mortgage for each of the following years dating back to 2016. Due to historically low mortgage rates, experts recommend locking in your rate soon, because rates can’t stay this low forever.

About Mortgage Loans

Recently, the US Federal Reserve cut Federal interest rates to almost 0.00%. This is amazing news for anyone looking to take out a mortgage or refinance.

How Do Mortgages Work?

In the simplest terms, mortgages are basically large loans from banks or financial institutions. It’s just another way to borrow money.

For example, if you borrow $200,000 at 3.00% APR, you will pay approximately $6,000 per year for the ability to have $200,000 to purchase a house to live in. This is why mortgage rates are so important, because the higher your mortgage rate, the more money you will pay in the long-run.

What 0.00% Federal Interest Rates Mean for Homeowners

If you have a mortgage, now is a great time to refinance your mortgage. Rates are at a historic low. Realistically, rates really can’t go any lower; they can only go up from here.

Simply put, at this point in time, because Federal interest rates are so low, if you don’t think about locking in your mortgage loan now, you’ll likely miss out, because it is unlikely for rates to stay near 0% for ever.

Any Fees to Check Rates?

No! Checking your mortgage rates is totally free! We only feature companies on this page that are 100% free to check your rate with.

There’s no harm to see if you qualify for a mortgage loan rate today.

Checking your rate will also NOT affect your credit score.

Which Mortgages are Eligible for Refinancing?

Virtually any mortgage is eligible to be refinanced. There is also no limit on the amount of times you can refinance your mortgage. Common types of mortgages include:

  • Fixed rate mortgages
  • Adjustable rate mortgages
  • VA mortgages
  • Jumbo mortgages

About Mortgage Refinancing

Mortgage refinancing can lower your monthly mortgage payments by reducing the amount you’ll owe in interest every month. Although there might be some minor fees for refinancing with some lenders, if you reduce your interest rate, you’ll likely save more money every month.

Because interest rates are so low, mortgage experts recommend refinancing now.

Will Getting My Rates Affect My Credit Score

No! There is no impact to check your mortgage loan rate with any company on this page. A lot of the companies on this page also offer cash-out refinancing, where you can take out a cash loan of $1,000 to $100,000 against your home at extremely low interest rates.

Best Overall Choice:

1
OUR
1
PICK
A+ BBB rating, 180K+ reviews
  • 100% online application available
  • Historically low interest rates, fast service
  • No login, no registration required
VIEW RATES visit New American Funding
Expand details
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*Advertiser Disclosure: LoansMarket™ is a free, advertising-supported loan comparison service. The offers on this site are from companies with which LoansMarket.com receives compensation. This compensation impacts the location and order in which these products appear. For the lowest rates advertised, autopay is often required. A representative loan example: if you receive a $10,000 loan with a 36-month term and a 17.98% APR (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $343.33. Over the life of the loan, your payments would total $12,359.97. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. For a a representative example of the total cost of the loan, including all applicable fees, please visit the respective site. See Disclaimer and Advertising Disclosure for more details. Terms & Conditions | Privacy

As one of the fastest growing mortgage bankers in the United States, we opened our doors in 2001 and have since expanded with many community based branches across the nation. Headquartered in Brea, CA, AFN built its reputation as an outstanding mortgage banking firm by serving the lending needs of real estate professionals, builders, and individual homebuyers throughout the United States.

Compare Mortgage Rates & Find the Right Loan for Your Financial Goals. Call Now! 181k+ Positive Reviews. A+ BBB Rating. 180+ Nationwide Branches. Funded over $53.8 Billion. In Business Since 2003. Types: Home Purchase Loan, FHA Home Loan, VA Home Loan.

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Ownership More Affordable