What the FHA rates, payments, MIP factors and down payment assistance figures on this site mean — and what they do not mean.
Nothing on this site is an offer, solicitation, rate lock, pre-approval or commitment to lend. Every FHA payment, MIP, UFMIP, loan-limit, closing-cost and down payment assistance figure shown here is an illustration prepared from published HUD/FHA rules and the inputs you type. Actual terms depend on a completed application, a full credit review, verified income and assets, an appraisal and final lender underwriting approval.
Our calculators use assumptions — a sample interest rate, estimated taxes, estimated hazard insurance and the current FHA annual MIP factors. They are rounded, do not include every fee, and do not price your credit profile. Two borrowers with the same purchase price routinely receive different terms. Treat every result as an educational estimate and confirm figures with a licensed loan originator before making a financial decision.
Interest rates, FHA mortgage insurance factors, county loan limits, seller concession limits, investor overlays and program availability change without notice and vary by borrower, property, occupancy, loan-to-value, credit profile and state. A rate is only fixed for you when it is locked in writing on a specific loan file.
Simply Approved Mortgages LLC arranges residential mortgage loans; it does not make credit decisions or fund loans. Applications are submitted to FHA-approved wholesale lenders for underwriting and closing, and broker compensation is disclosed on your Loan Estimate as required by RESPA and TRID.
The FHA DPA content on this site describes third-party assistance structures at a general level. Assistance programs have their own income, credit, occupancy, property, education and geographic requirements, they can pause or close their funding without notice, and they are not available on every FHA loan or in every county. Any assistance amount shown is illustrative only.
We arrange residential mortgage loans in Florida and Colorado only. State, county and city pages for other states publish HUD/FHA data as general educational reference and are not an offer, advertisement of credit terms or availability claim in those states.
We publish figures sourced from HUD, FHFA, FRED, the Census Bureau, BLS, CFPB, FEMA and other public datasets, with the source and refresh status shown on our data page. Public data can contain errors or be revised. Links to third-party sites are provided for convenience; we do not control and are not responsible for their content, accuracy or privacy practices.
Florida advertising disclosure (Chapter 494, Florida Statutes): Simply Approved Mortgages LLC, Florida Mortgage Broker License #MBR7685, NMLS #2620881, is a licensed Florida mortgage broker regulated by the Florida Office of Financial Regulation and is not a lender. Any rate, payment, down payment or down payment assistance figure shown on this page is an illustrative estimate for educational purposes only — it is not a quote, rate lock, offer or commitment to lend, and it is not an advertisement of specific credit terms available to any particular borrower. Down payment assistance is a third-party program subject to its own eligibility, income, property and availability requirements. All loans are subject to lender underwriting and approval. Simply Approved Mortgages LLC is not affiliated with, approved by or endorsed by HUD, FHA or any government agency. Equal Housing Opportunity.
Simply Approved Mortgages LLC | NMLS #2620881
Florida Branch Office (Miami, FL) | Branch NMLS #2688012
Florida Mortgage Broker License #MBR7685 | Colorado Mortgage Company Registration
Business Phone: (877) 813-7219
Equal Housing Opportunity
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Questions about anything on this page? Call 877-813-7219 or email support@simplyapproved.com.
